TUE. BRIEF: Spotify, Believe VC Raises $2.5B • DJ Kahled’s Key To #1 • Whyd Exits Streaming • More

Tuesday 8.9.16 Music Business News From Around The Web STARTUPS REJOICE! One of music tech biggest investors, Technology Crossover Ventures, just raised $2.5B more. Updated continuously under our More News tab

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SoundCloud Is For Sale, But They’re Having Trouble Finding A Buyer

SoundCloud is finally starting to seriously monetize their content, but profitability is still just a distant hope.  That sent the startup in search of funds; and in June, SoundCloud raised $70. Continue reading

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Spotify Paid Subscribers Double To 20M, Payouts Top $3B

Two days after Apple Music's launch, Spotify is going on the offensive with a campaign to remind us that it got there first and will not be easily defeated. Late. Continue reading

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