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Home EDM News

Twitter Has Suspected Interest In Purchasing Soundcloud

by Tyler Trew
May 19, 2014
in EDM News
Twitter Has Suspected Interest In Purchasing Soundcloud

The web is blowing up with rumors about Twitter’s suspected interest in purchasing the widely used Soundcloud. Nearly every blog runs because embeds from their subscribers profiles are in use; given Twitter’s previous interests in this market, it’s not completely unthinkable that they would want to purchase the site. Soundcloud and Twitter generally have a lot of overlay, most likely due to artists needing Twitter as a part of their marketing processes. Both stand to benefit, yet the deal seems to be more in the favor of Soundcloud, but no official statements have been released by either party and they both declined for comments on the matter. One issue that may arise is the crackdown on illegal remixes, but we’ll see just how that is resolved at a later date. For now, all we have are questions and conjectures.

Source: Recode

Tags: BuyoutPurchaserumorssoundcloudtwitter
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Tyler Trew

Tyler Trew

Contributor, former Senior Editor. Head Publicist at Kannibalen Records. Busy doing things by the beach, Cali. For more follow me on Twitter - @TylerTrew23

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