Chance the Rapper Says ‘SoundCloud Is Here to Stay’ in Cryptic Tweet
As long-percolating rumors of SoundCloud’s financial demise gained steam this week amid a report that the company will run out of cash in 50 days, Chance the Rapper took to Twitter on Thursday and wrote, “I’m working on the SoundCloud thing.” The internet quickly erupted with speculation that he was going to buy the company or “save” it in some fashion — after all, this is the man who donated $1 million to Chicago’s public schools and funds and books his own recordings and tours.
Then on Friday morning, he issued a pair of Tweets reading, “@ an artist who you wouldn’t know if not for SoundCloud,” quickly followed by “Now link me to a song on @SoundCloud that you swear you’re responsible for like atleast a thousand plays.”
And at around 2 p.m. E.T., he tweeted: “Just had a very fruitful call with [SoundCloud cofounder] Alex Ljung. @SoundCloud is here to stay.”
His meaning is unclear; Chance’s manager and reps for SoundCloud had not responded to Variety’s multiple requests for comment at press time. But a blog post appeared on SoundCloud’s website not long afterward that at the very least echoes his wording. In it, Ljung writes in part:
“Hey everyone, There’s an insane amount of noise about SoundCloud in the world right now. And it’s just that, noise. 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. Not in 50 days, not in 80 days or anytime in the foreseeable future. Your music is safe. … Last week we had to make some tough decisions to let go of some of our staff, but we did this to ensure SoundCloud remains a strong, independent company. Thank you for the outpouring of love and support. Some of you have asked how you can help–spread the word that we’re not going anywhere and keep doing what you’re doing–creating, listening, uploading, sharing, liking, and discovering what’s new, now and next in music. SoundCloud is here to stay.”
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