(RNN) - On July 14, Chance The Rapper tweeted about a conversation he had with SoundCloud CEO Alexander Ljung and said that the service is not closing down.
Just had a very fruitful call with Alex Ljung. @SoundCloud is here to stay.
— Lil Chano From 79th (@chancetherapper) July 14, 2017
This came after a report that SoundCloud was closing its San Francisco and London offices, firing 173 employees, or 40 percent of the overall staff.
The report also claimed that SoundCloud only had enough money to last until the fourth quarter of 2017, according to TechCrunch.
A SoundCloud rep responded in a statement, saying that there were “a number inaccuracies” in the TechCrunch report, according to Variety.
The report alarmed loyal SoundCloud listeners and supporters including Chance The Rapper.
Chance sent out numerous tweets in support of the streaming service and the impact that it has had on indie artists.
@ an artist who you wouldn't know if not for @SoundCloud
— Lil Chano From 79th (@chancetherapper) July 14, 2017
Now link me to a song on @SoundCloud that you swear you're responsible for like atleast a thousand plays
— Lil Chano From 79th (@chancetherapper) July 14, 2017
Singer Khalid also chimed in with his support and love for SoundCloud.
Back in 2015, when I found confidence within myself to become expressive. I love you SoundCloud. pic.twitter.com/urs601cBKK
— Khalid (@thegreatkhalid) July 13, 2017
thank you so much @SoundCloud for giving me an outlet to become creative, who knows where I'd be without you. pic.twitter.com/dAAidjfKRd
— Khalid (@thegreatkhalid) July 13, 2017
Ljung responded to the reports with a blog entitled Soundcloud is here to stay.
“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,” Ljung wrote.
Chance The Rapper took action and released a new song exclusively on SoundCloud to show his support for the streaming service.
Big B's by Young Thug featuring Me is now available only on @SoundCloud https://t.co/e05HeYIk1o
— Lil Chano From 79th (@chancetherapper) July 15, 2017
“As an active member of the SoundCloud community, Chance connected with co-founder and Chief Executive Officer, Alex Ljung, to inquire about the rumors and speculation circulating,” a SoundCloud spokesperson said.
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