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February 12, 2020 02:28 am -05
In what could be a sign of a closer partnership in the future, SoundCloud has secured a $75 million investment from SiriusXM. In exchange for the cash infusion, the streaming company says it gave Sirius a minority stake and two board seats.
Original Link: https://www.engadget.com/2020/02/11/siriusxm-invests-75-million-soundcloud/
SiriusXM invests $75 million to play a bigger role in SoundCloud
In what could be a sign of a closer partnership in the future, SoundCloud has secured a $75 million investment from SiriusXM. In exchange for the cash infusion, the streaming company says it gave Sirius a minority stake and two board seats. Original Link: https://www.engadget.com/2020/02/11/siriusxm-invests-75-million-soundcloud/
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Engadget
Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WIMore About this Source Visit Engadget