SoundCloud investors voted Friday to invest $170 million in the streaming service. The web audio platform, known as a hub for independent musicians, has struggled to get funding over the last year, and in July around 40 percent of staffers were laid off.
Here & Now‘s Jeremy Hobson speaks with Michael Regan (@Reganonymous) of Bloomberg News about SoundCloud’s future.
Copyright 2021 NPR. To see more, visit https://www.npr.org.