Home deals Deezer’s Acquisition Of SoundCloud Could Transform It’s Market Narrative

Deezer’s Acquisition Of SoundCloud Could Transform It’s Market Narrative

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Hypebot reports: “News has emerged of Deezer being a potential buyer of troubled Soundcloud. This follows on from Spotify’s prolonged but ultimately abortive courting last year. Soundcloud was once a streaming powerhouse, with 175 million Monthly Active Users reported in October 2014. Though that number is still widely cited whenever Soundcloud is mentioned in the media, in truth its user base is now much smaller.”

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