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SoundCloud possibly dying
1
#1
0 Frags +

Rumor going around soundcloud could be dying soon because of legal troubles. Might be wise to start archiving stuff that don't have download links if you frequent the site. Link to article.

Its a shame really because a lot of unknown music might go down with them hope things turn out for the better.

Rumor going around soundcloud could be dying soon because of legal troubles. Might be wise to start archiving stuff that don't have download links if you frequent the site. [url=http://www.factmag.com/2016/02/11/soundcloud-financial-report-44m-losses/]Link [/url]to article.

Its a shame really because a lot of unknown music might go down with them hope things turn out for the better.
2
#2
3 Frags +

FeelsBad

FeelsBad
3
#3
0 Frags +

Desperately hoarding what I can.

Desperately hoarding what I can.
4
#4
Twitch Prime
3 Frags +

I just got audiosurf 2 last week ;_;

I just got audiosurf 2 last week ;_;
5
#5
0 Frags +

isnt this news like over a year old or am I stupid?

isnt this news like over a year old or am I stupid?
6
#6
-2 Frags +
ulty Might be wise to start archiving stuff that don't have download links if you frequent the site.

How would you suggest doing that? Probably not the most appropriate question here because it could imply piracy.

[quote=ulty] Might be wise to start archiving stuff that don't have download links if you frequent the site. [/quote]

How would you suggest doing that? Probably not the most appropriate question here because it could imply piracy.
7
#7
4 Frags +

Official statement

http://www.hotnewhiphop.com/soundcloud-responds-to-reports-on-the-companys-imminent-failure-news.20130.htmlSoundCloud filed its 2014 accounts with Companies House. Beyond the full-year financials for 2014, which reflect those of a company in a strong growth stage, they show that, in 2015, we secured $77m of incremental capital, some of which came from our existing investors, demonstrating their belief in the future of the company, and the rest of which is a flexible credit line from Tennenbaum Capital Partners, an attractive option for companies like SoundCloud, who have a solid credit rating and are on a clear path to global success.

Since we began, we’ve been building a completely unique platform. SoundCloud users can discover more creators, at all stages of their careers, than anywhere else, and more music and audio: over 18 million creators are using the platform, sharing well over 110 million tracks, and reaching 175 million monthly active listeners. Additionally, comScore recently listed SoundCloud as being the 8th most popular app among millennials based on usage in the US.

Over the past year, we’ve continued to bring partners from the music industry onto SoundCloud. We’ve signed deals with PRS and UMG/UMPG, to add to the nearly 200 deals we’ve already signed, including those with Warner Music, Merlin and NMPA, as well as MCNs and independent creators. We’re focusing on enabling creators to get paid for their creativity, and on building a financially sustainable platform that our community can enjoy for years to come.
Official statement
[quote=http://www.hotnewhiphop.com/soundcloud-responds-to-reports-on-the-companys-imminent-failure-news.20130.html]SoundCloud filed its 2014 accounts with Companies House. Beyond the full-year financials for 2014, which reflect those of a company in a strong growth stage, they show that, in 2015, we secured $77m of incremental capital, some of which came from our existing investors, demonstrating their belief in the future of the company, and the rest of which is a flexible credit line from Tennenbaum Capital Partners, an attractive option for companies like SoundCloud, who have a solid credit rating and are on a clear path to global success.

Since we began, we’ve been building a completely unique platform. SoundCloud users can discover more creators, at all stages of their careers, than anywhere else, and more music and audio: over 18 million creators are using the platform, sharing well over 110 million tracks, and reaching 175 million monthly active listeners. Additionally, comScore recently listed SoundCloud as being the 8th most popular app among millennials based on usage in the US.

Over the past year, we’ve continued to bring partners from the music industry onto SoundCloud. We’ve signed deals with PRS and UMG/UMPG, to add to the nearly 200 deals we’ve already signed, including those with Warner Music, Merlin and NMPA, as well as MCNs and independent creators. We’re focusing on enabling creators to get paid for their creativity, and on building a financially sustainable platform that our community can enjoy for years to come.[/quote]
8
#8
0 Frags +

where my hot mixtape gon drop now?

where my hot mixtape gon drop now?
9
#9
0 Frags +

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