Published: Mon, July 17, 2017
Entertaiment | By Lawrence Myers

Is Chance The Rapper Responsible For Saving SoundCloud?

Is Chance The Rapper Responsible For Saving SoundCloud?

Chance the Rapper and Young Thug has joined teams to help and save SoundCloud by releasing an exclusive song on their platform.

In a series of tweets and words from Ljung himself, the news that SoundCloud will not be going extinct reverberated through the Internet with many hailing Chance as the site's savior.

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But it's also plausible that the young rapper has more plans for SoundCloud, with "Big B's" just his first step.

The 24-year-old songwriter, who started his career by releasing music on SoundCloud, was shocked when earlier this week (beg10Jul17) it was leaked that the company had to let go of nearly half of its staff and only had enough funding to keep afloat until the end of the year. SoundCloud is here to stay. In a blog post posted to the company's website, CEO Alex Ljung tried to reassure users and musicians alike that the "music you love on SoundCloud isn't going away, the music you shared or uploaded isn't going away, because SoundCloud is not going away".

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Earlier this week, SoundCloud executives revealed the company was struggling and and was forced to lay off over 40% of its workforce.

After an apparent conversation with Ljung, Chance tweeted, "Just had a very fruitful call with Alex Ljung". Your music is safe. This was coincided by grim statements from the co-founders warning that they may not survive the end of the year.

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