Even after cutting staff, SoundCloud only has enough money for 50 more days

Re:Even after cutting staff, SoundCloud only has enough mone... by joshmn on Saturday July 15, 2017 @12:30AM (#14775031)

While I realize the two are entirely different platforms, they need to partner with Spotify. To do what, I don't know, but Spotify seems to have figured it out.

I'm an artist (at least on the side); all my friends — artists and fans alike — love SoundCloud. There's no real alternative to it.

The problem they're solving is a hard one. Not technically, but the market. Spotify solved the problem with music piracy (at least, en masse); SoundCloud... I don't know.

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Re:Even after cutting staff, SoundCloud only has enough mone... by _jtrig on Saturday July 15, 2017 @01:07AM (#14775112)

Soundcloud is a digital discovery platform mostly. And a centralized free library that artists can release music on. It solves many problems for small-time artists and underground listeners.

Bandcamp found a similar market for physical music collectors and somehow monetized it well. SoundCloud is much more accessible though in terms of UX/UI.

Seems they should try to push for album/track monetization by artists. (Purchases made on SoundCloud / SoundCloud takes 1% fee etc)

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Re:Even after cutting staff, SoundCloud only has enough mone... by kochthesecond on Saturday July 15, 2017 @04:41AM (#14775687)

Spotify is still hemorrhaging money. I love Spotify, but I'm worried they won't be able to turn the numbers around in time :(

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