Soundcloud co-founder Alex Ljung has broken the silence on the streaming site’s future.
In a new statement published to their website, Ljung stated that Soundcloud is “not going away” any time soon. The platform’s sustainability had been called into questions recently, with supposed money issues and allegations of prioritizing shareholder appeasement over artistic growth.
Here’s the statement:
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.
Along with each of you, we’ve built this incredible creative community of artists, podcasters, DJs, producers and more who are the driving force in pushing culture forward in the world. That’s not going to change. 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.
While the statement quells rumors of money troubles and why exactly those recent layoffs happened, there are no concrete solutions to problems that might continue to plague the company in months and years to come. Only time will tell if Soundcloud really does sit on solid ground or not.