October 21, 2016 6:58 PM ET

Internet Software and Services

Company Overview of SoundCloud Limited

Company Overview

SoundCloud Limited operates SoundCloud, an audio platform that enables customers to create, record, promote, and share their originally-created sounds across the Internet. It allows sound creators to instantly record audio on the site or through mobile applications, and shares them publicly or privately; embed sound across Websites, social networks, and blogs; and receive feedback from the community. The company was founded in 2007 and is based in Berlin, Germany.

Greifswalder Strasse 212-213

Berlin,  10405


Founded in 2007


49 30247 81000

Key Executives for SoundCloud Limited

Co-Founder, Chief Executive Officer and Managing Director
Age: 33
Co-Founder and Chief Technology Officer
Age: 35
Compensation as of Fiscal Year 2016.

SoundCloud Limited Key Developments

Spotify In Talks To Acquire SoundCloud

Spotify Limited is in advanced talks to acquire SoundCloud Limited, as competition heats up with Apple for the future of digital music, said people briefed on the discussions. Those briefed about the talks said it was unclear how much Spotify would pay to SoundCloud. Spotify declined to comment, while SoundCloud could not be immediately reached.

SoundCloud Reportedly Up For Sale

SoundCloud Limited may be putting itself up for sale for as much as $1 billion, according to people familiar with the matter. SoundCloud’s founders and investors, including Doughty Hanson & Co Limited, are exploring strategic options for the company that could lead to a sale, said the people, who asked not to be identified as the discussions are private. The owners have had trouble finding a buyer willing to value the company at $1 billion so far, two of the people said.

PRS for Music Takes Legal Action against SoundCloud Streaming Service

The British songwriters' performing rights organization PRS for Music is suing SoundCloud. It is taking legal action against the streaming service for not paying songwriters royalties when their music is used on the site.

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