SiriusXM Makes $75 Million Investment in SoundCloud

SiriusXM Holdings has invested $75 million in SoundCloud, the open audio platform beloved by musicians that has struggled to find a place in a the streaming-service hierarchy. SoundCloud will use this additional investment to accelerate its product development and enhance the services that fuel its global community of creators and listeners, according to the announcement.

Source: SiriusXM Makes $75 Million Investment in SoundCloud

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