Got A Spare Billion? Streaming Music Service SoundCloud Is For Sale

Business Operations, Business Services, Consumer Services, Entertainment and Streaming, Industry Announcements, Mergers and Acquisitions, News, Product Development, Subscriber Acquisition /

Rumor has it that Berlin-based SoundCloud is shopping around, looking for a buyer willing to drop $1 billion on a streaming music service that is valued in the $700 million range. Is a sale at $1 billion even likely? More importantly, will a sale save SoundCloud from its financial and competitive woes?

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