Chance the Rapper drops surprise new song on 'struggling' SoundCloud

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Struggling music streaming service SoundCloud has rubbished claims that the company could be shutting up shop, amid reports that it only has enough money to last until the fourth quarter of this year.

He wrote: "There's an insane amount of noise about SoundCloud in the world right now". Your music is safe. "And it's just that, noise".

After telling fans that he was "working on the SoundCloud thing", Chance, 24, tweeted, "Just had a very fruitful call with [SoundCloud cofounder] Alex Ljung".

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.

So, reading between the lines, it would seem Chance the Rapper has provided some sort of input that has resulted in a reprieve for the service. That's not going to change. But an announcement by the CEO and tweets from a musician who made their start on SoundCloud suggest a different story. 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.

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

"Thank you for the outpouring of love and support".

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