Online audio platform SoundCloud, a favorite of indie musicians, has been struggling to stay afloat financially. Last month, it laid off 40 percent of its staff, and the company has been urgently seeking a reported $170 million cash injection to keep going. Today it got that emergency investment approved by shareholders. As part of that […]

Do they risk undermining their core, indie-leaning fan base?

Soundcloud will turn six-years-old at the end of this month. In the last two years alone, Soundcloud's registered users have increased 400 percent to 40 million.

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