SoundCloud and SiriusXM Holdings has announced that SiriusXM has invested $75 million (£58m) in SoundCloud.
SoundCloud will use this additional investment to accelerate its product development and enhance services.
Michael Weissman has been named the new president of SoundCloud.
Formerly chief operating officer, the exec will continue to be responsible for the streaming service's legal, human resources and finance ...
Soundcloud is expanding its direct monetisation programme, Soundcloud Premier.
The previously invite-only programme is rolling out to SoundCloud Pro and Pro Unlimited creators with eligible content, at no additional cost.