Re:Twitter Is Considering a Deal to Buy SoundCloud
by maaarghk on Monday May 19, 2014 @02:06PM
(#7768840)
I agree. Being acquired by Twitter just makes it more likely that SoundCloud will fail, to me - have Twitter actually come up with a decent monetisation strategy yet?
[ Parent
| on HN ]
Re:Twitter Is Considering a Deal to Buy SoundCloud
by aclements18 on Monday May 19, 2014 @02:45PM
(#7769046)
Well Twitter made about $665 million last year, with much larger projections for this year. I would say that qualifies as "decent".
Re:Twitter Is Considering a Deal to Buy SoundCloud
by ceejayoz on Monday May 19, 2014 @03:06PM
(#7769167)
Twitter lost $645 million in 2013. I'm not sure "spend $2 to make $1" necessarily qualifies as "decent".
Re:Twitter Is Considering a Deal to Buy SoundCloud
by aclements18 on Tuesday May 20, 2014 @12:52PM
(#7773605)
They didn't lose $645 million in spending, it was a one time recognition of the stock they already allocated.
Re:Twitter Is Considering a Deal to Buy SoundCloud
by ceejayoz on Tuesday May 20, 2014 @03:32PM
(#7774676)
They've still yet to make a profit.
Re:Twitter Is Considering a Deal to Buy SoundCloud
by ulfw on Monday May 19, 2014 @04:29PM
(#7769565)
It's decent to all the other companies out there that are now valued in the billions of dollars for reasons unbeknownst to me.
Re:Twitter Is Considering a Deal to Buy SoundCloud
by joefarish on Monday May 19, 2014 @02:18PM
(#7768910)
Has SoundCloud come up with a decent monetisation strategy yet?
Re:Twitter Is Considering a Deal to Buy SoundCloud
by JonnieCache on Monday May 19, 2014 @02:29PM
(#7768967)
It's freemium, but the premium accounts are actually worth buying. You get more upload time, better stats, more customisable embedded players, etc. Lots of people buy them, I assume it's already quite profitable. The "prosumer" market for music production is expanding enormously at the moment with the american EDM boom.
If twitter shuts it down or ruins it, there will be blood. A lot of people depend on it and there would be instant demand for a replacement if the userbase turns its nose up at any changes.
OTOH anyone promoting their music on SC is almost certainly already doing so on twitter as well, so some simple, well executed integration could go a long way.