SoundCloud secures $75m investment from Pandora owner Sirius XM

SoundCloud has just announced that it has secured $75 million investment from Sirius XM – which, remember, acquired another leading music streaming platform, Pandora, last year in a $3.5bn all-stock transaction. Sirius’s investment in SoundCloud comes two years after the latter company attracted $170m in investment from Raine Group and Temasek – and three weeks … Continued

The post SoundCloud secures $75m investment from Pandora owner Sirius XM appeared first on Music Business Worldwide.

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