SiriusXM invests $75 million to play a bigger role in SoundCloud

In what could be a sign of a closer partnership in the future, SoundCloud has secured a $75 million investment from SiriusXM. In exchange for the cash infusion, the streaming company says it gave Sirius a minority stake and two board seats.
Source: Engadget | SiriusXM invests million to play a bigger role in SoundCloud