Grime

SoundCloud Accepts $170 Million Rescue, Taps New CEO to Replace Alex Ljung

Kerry Trainor, formerly of Vimeo, will lead the beleaguered service. Founder and outgoing CEO Alex Ljung predicts a “strong, independent future for the company.”

The SoundCloud death watch has ended.

The struggling digital music service today secured a fresh round of funding that assures SoundCloud will remain independent, even as a new executive team takes over to steer the service into the future.

The Raine Group, a boutique merchant bank, joined with the Singapore-based investment company Temasek, in leading a $169.5 million investment round that infuses SoundCloud with much-needed cash.

Former Vimeo CEO Kerry Trainor succeeds founder Alex Ljung as chief executive, and Michael Weissman, another former executive at the video platform, was named SoundCloud’s chief operating officer.

“All of this together — the capital, the capital partners — with Kerry and Mike joining our team — it puts our company in a really great position to stay strong and remain independent,” Ljung said in an interview with Billboard. “We see a strong, independent future for the company.”

Full story at Billboard

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Happy VD everyone!

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New SoulChampion shirt, hoodie, etc design “Classically Trained”

Available now from G Notorious’ TeePublic store…

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fabric london to reopen

fabric to reopen after striking deal with Metropolitan police and Islington council

Highbury Magistrates Court has today approved the agreement.
London’s fabric nightclub will reopen soon.

After it emerged that the club was in talks with Islington council and Metropolitan police to have its license reinstated, an agreement was rubber-stamped today at Highbury Magistrates Court. The agreement will see fabric reopen with a new set of licensing conditions. The exact reopening date has not been decided.

Philip Kolvin QC, one of the lawyers who’s been representing fabric since its license was revoked in September, told the court that fabric “has always set about trying to lead the industry,” and has engaged in a “root and branch reappraisal” of its operating procedures.

The 38 new conditions in the agreement have been outlined by fabric and the police in a joint statement, which you can read in full below. They include the use of a new ID scanning system, enhanced searching procedures, physical changes to the club, and lifetime bans for anyone found in possession of drugs or attempting to buy drugs in the club.

Read the full story on Resident Advisor

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NOV4 Shake! presents Dubbel Dutch, Doctor Jeep, & Fens

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Friday, November 4
at Good Life, 28 Kingston St, Boston

$10 Advance Tickets | $15 Door

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Wheel Up @ Wonder Bar

Wheel Up - September 20 @ Wonder Bar

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The world’s ‘first’ grime instrumental has been found in a ‘90s Wolverine video game

It was written eight years before ‘Pulse X’.

If you thought Youngstar’s ‘Pulse X’ was the first grime beat, think again: SBTV has uncovered the story behind an accidental ‘grime’ instrumental created for a Wolverine video game back in 1994.

Brought to wider attention by Brixton producer Sir Pixalot last week, the track in question is an end of level boss theme from Super Nintendo and Sega Genesis platformer Wolverine: Adamantium Rage. Written by a producer called Dylan Beale, the track features all the hallmarks of early grime instrumentals: staccato strings, eski bleeps and square wave bass, recorded eight years before the first grime instrumentals.

SBTV’s Paul Gibbins managed to track down Beale, discovering that he was part of a ‘90s jungle duo called Rude & Deadly and worked in a Wood Green record shop that sold mainly techno and ragga…

Full story at Fact

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