Love them or hate them, the online music platform Soundcloud has been a fundamental force in the development of modern DJ and production cultures. Today, contributor Steven Maude explores why and how a sudden implosion of the site would be so devastating.

DJANEMAG top mixes JULY are available today!

DJ Tech Tools Ean has spent years in front of each of these Traktor Kontrol controllers (Traktor Kontrol S2 vs S4 vs S5 vs S8) - so which one is the best? 

Watch the review on djanemag.com and write in comments what you think! 

By Ean Golden

Voting for DJ Mag TOP100DJs 2017 now open! Soon a hundred of the best DJs in the world will be determined. It's no secret that men rule in the industry, but from year to year girls prove their talent and skills and acheive huge success! DJANEMAG team wishes and hopes that this year more female DJs enter TOP100DJs and those girls, who were in TOP100 the previous years, will have higher positions this year. 

Recently we published news about the bankruptcy of the soundcloud, today while surfing the net we came across with even more shocking information, which we want to share with you.

Things aren't looking good at SoundCloud HQ. Just last week it was reported the streaming company had to lay off 40 per cent of its staff and close down its London office. A new report claims it only has enough money to last "just 50 days."