How did the artist community react to SoundCloud's situation in recent months?
SoundCloud Gets a Lifeline From New Investors
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SoundCloud, once a leading digital media company, faced challenges that threatened its existence. Recently, it secured a financial deal to continue operations and explore a new tools-based business model. Instead of an outright sale, SoundCloud opted for a partial sale to maintain some control and explore future strategies.
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1.
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2.
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What kind of deal did SoundCloud accept to continue its operations?
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3.
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3 mins • 1 pt
What challenges has SoundCloud faced in terms of its business model?
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What approach is SoundCloud planning to take to generate revenue?
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5.
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Why did SoundCloud choose not to make an outright sale?
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