The end of Soundcloud inevitable?

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  • #24018 Reply
    SabalSounds
    Participant

    http://www.factmag.com/2016/02/11/soundcloud-financial-report-44m-losses/

    The picture painted in the article is not good for the future of the site but I’m hopeful the company can turn a profit.

    I for one have had my misgivings with the app etc but, all in all, it’s a fantastic concept with flawed execution perhaps.

    Is anyone here migrating away from Soundcloud? I’ve been told by others they hear a better quality in Mixcloud streaming vs Soundcloud.

    #24024 Reply
    Mark_Petrie
    Participant

    I hope that at least someone swoops in and buys it (Apple? Google?). The compression might not be great but I feel like it’s been hugely helpful to me as a composer and small library owner.
    Besides, a lot of composers, sample companies and libraries are dependent on the player working for their demos, it’ll be messy if all of a sudden SC was off-line!

    #24032 Reply
    SabalSounds
    Participant

    Agreed Mark. i couldn’t help but wonder how much of the $15M earned was from the pro member monthly payments.

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