8Sided Blog

a zine about sound, culture, and the punk rock dream

  • 8sided About
  • memora8ilia

SoundCloud Losing Money Fast As Record Labels Apply Licensing Pressure

July 27, 2015 · 1 Comment

More SoundCloud pain.

Tech Times:

Digital Music News has reported that SoundCloud is hemorrhaging cash so quickly that it might actually run out before the end of the year, unless it can convince a bank or other investment group to hand out more dough until it can figure out a way to monetize its business model. This is despite a recent report valuing the company at $700 million dollars.



One reason SoundCloud is burning through money so quickly is the huge legal expenses the company is incurring. Record labels are growing impatient with talks intended to legitimize the service through licensing deals, with most labels currently uncompensated for the content streamed on SoundCloud. The record labels are threatening to sue the company if talks don’t progress faster.



I always tell labels / musicians that there’s a danger in making a site that’s outside of your control the main aspect of your promotional strategy (i.e. Facebook, etc). But SoundCloud has been such a useful one, especially as an embeddable platform for our own sites. I’ll be in some trouble just like the rest of you if SC goes under, or if they limit streams for non-paying listeners or start to include audio ads in my content … there will be a heavy load of site embeds to replace. It might be a good idea for us all to start thinking about and preparing for this now.

------------------

Related posts:

  1. We Now Return To The SoundCloud Soap Opera …
  2. SoundCloud’s Phoenix Rises
  3. SoundCloud’s Move Into Distribution

Filed Under: Uncategorized Tagged With: SoundCloud

Trackbacks

  1. SoundCloud's Phoenix Rises says:
    November 24, 2020 at 10:51 pm

    […] wasn’t that long ago that, along with many others, this blog was contemplating the possibility of SoundCloud’s demise. Yesterday it was announced, via an annual report, that SoundCloud […]

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

8sided.blog

 
 
 
 
 
 
8sided.blog is a digital zine about sound, culture, and what Andrew Weatherall once referred to as 'the punk rock dream'.

It's also the online home of Michael Donaldson, a slightly jaded but surprisingly optimistic fellow who's haunted the music industry for longer than he cares to admit. A former Q-Burns Abstract Message.

"More than machinery, we need humanity."
 
  Learn More →

Mastodon

Mastodon logo

Exploring

Roll The Dice

For a random blog post

Click here

or for something cool to listen to
(refresh this page for another selection)

Linking

Blogroll

A Closer Listen
Austin Kleon
Atlas Minor
blissblog
Craig Mod
Disquiet
feuilleton
Headpone Commute
Hissy Tapes
Jay Springett
Kottke
Metafilter
One Foot Tsunami
1000 Cuts
Parenthetical Recluse
Poke In The Ear
Robin Sloan
Seth Godin
The Creative Independent
The Red Hand Files
Things Magazine
Warren Ellis LTD

 

TRANSLATE with x
English
Arabic Hebrew Polish
Bulgarian Hindi Portuguese
Catalan Hmong Daw Romanian
Chinese Simplified Hungarian Russian
Chinese Traditional Indonesian Slovak
Czech Italian Slovenian
Danish Japanese Spanish
Dutch Klingon Swedish
English Korean Thai
Estonian Latvian Turkish
Finnish Lithuanian Ukrainian
French Malay Urdu
German Maltese Vietnamese
Greek Norwegian Welsh
Haitian Creole Persian

TRANSLATE with
COPY THE URL BELOW
Back

EMBED THE SNIPPET BELOW IN YOUR SITE
Enable collaborative features and customize widget: Bing Webmaster Portal
Back

Newsroll

Dada Drummer
Dense Discovery
Dirt
Erratic Aesthetic
First Floor
Garbage Day
Kneeling Bus
Lorem Ipsum
Midrange
MusicREDEF
Orbital Operations
Sasha Frere-Jones
The Browser
The Honest Broker
The Maven Game
Today In Tabs
Tone Glow
Why Is This Interesting?

 

TRANSLATE with x
English
Arabic Hebrew Polish
Bulgarian Hindi Portuguese
Catalan Hmong Daw Romanian
Chinese Simplified Hungarian Russian
Chinese Traditional Indonesian Slovak
Czech Italian Slovenian
Danish Japanese Spanish
Dutch Klingon Swedish
English Korean Thai
Estonian Latvian Turkish
Finnish Lithuanian Ukrainian
French Malay Urdu
German Maltese Vietnamese
Greek Norwegian Welsh
Haitian Creole Persian

TRANSLATE with
COPY THE URL BELOW
Back

EMBED THE SNIPPET BELOW IN YOUR SITE
Enable collaborative features and customize widget: Bing Webmaster Portal
Back

ACT

Climate Action Resources
+
Union of Musicians and Allied Workers
+
Roe v. Wade: What You Can Do

Copyright © 2023 · 8D Industries, LLC · Log in