Soundcloud has been reported on more in the last 48 hours then the last two years combined. The streaming service faced serious leaks from staff after firing about 40% of it’s staff this past week. The leaks which were reported to Tech Crunch claimed t…
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Techcrunch has reported from insider information that Soundcloud will last at a maximum of 50 days before going entirely bankrupt. This report comes after news of the company downsizing by closing offices in London and San Francisco and subsequently fi…
After countless dark clouds over the music streaming platform SoundCloud, the platform may have some sunshine after all. According to Digital Music News and PrivCo, SoundCloud had a gross revenue of $27.9 million in 2016, a 43% increase from year’s past. The gain this year is most likely driven entirely from advertising revenues, although other
The post SoundCloud Revenues Estimated To Increase By 43% This Year appeared first on EDM Sauce.
In quite the controversial move, SoundCloud has officially hired a Chief Revenue Officer as it prepares to launch its paid subscription service. The company has hired Alison Moore to oversee its monetization strategy moving forward. What does this mean for SoundCloud? Expect more ads and creative collaborations between corporations to follow. Despite attracting 175 million active users, SoundCloud has been struggling to bring in revenue with the company. In 2014, financial documents showed that SoundCloud lost $56.4 million. With experience in NBC’s ‘TV Everywhere’ and HBO Go, SoundCloud is betting big on Alison to help with the paid subscription model
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