8Sided Blog

the scene celebrates itself

  • 8sided About
  • memora8ilia

SoundCloud Headed for the Cut-Out Bin?

03.13.2017 by M Donaldson // 1 Comment

Recode:

Sources say {SoundCloud} has been trying to raise more than $100 million since last summer, without success. It has also talked to potential acquirers, including Spotify, without closing a deal.



The upshot, according to people familiar with the company: SoundCloud is now at a point where it may sell for less than the $700 million investors thought it was worth a few years ago. One source thinks it will consider bids, as long as they’re above the total investment it has raised to date — about $250 million.



SoundCloud’s struggle is taking place while there’s renewed investor interest in streaming music. Even though the industry’s economics are challenging, users have embraced streaming, and are even willing to pay for it: Spotify, which would like to go public next year, says it has more than 50 million paid subscribers worldwide. Apple Music says it has more than 20 million paid subs. {SoundCloud} says it has 175 million monthly unique users, but it hasn’t updated that number since 2014.



With Pandora experiencing similar woes, it would seem that a tech company wanting to enter the music landscape could make a big splash by acquiring both SoundCloud and Pandora at a good price and combining their users. Maybe one of these will be interested?



Update: SoundCloud forges ahead … this just in from Hypebot:

Beginning today, SoundCloud is inviting DJs and producers who create sets, remixes and other forms of creative works to join its Premier program to earn revenue for the tracks they share on SoundCloud.



Premier creators can monetize their content and earn a portion of the revenue generated by subscriptions and advertising on SoundCloud. Acceptance is still “invite only,” but you can apply here.



SoundCloud has not shared how many artists are Premier members, its criteria for acceptance, or how revenue is shared with creators.

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

Related posts:

  1. SoundCloud’s Move Into Distribution
  2. Pandora Premium Takes the Service On-Demand
  3. Spotify’s Rights Gamble in India

Categories // Uncategorized Tags // Pandora, SoundCloud

Trackbacks

  1. SoundCloud’s Rebirth • 8-Sided Blog says:
    February 4, 2019 at 12:07 am

    […] is a popular subject on this blog and, yes, there was a time when we contemplated the service’s possible demise. It’s astonishing that SoundCloud once made a go at Spotify and Apple Music, and the ensuing […]

    Reply

Leave a Reply Cancel reply

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

8sided.blog

img-0 
 
 
 
 
 
8sided.blog is an online admiration of modernist sound and niche culture. We believe in the inherent optimism of creating art as a form of resistance and aim to broadcast those who experiment not just in name but also through action.

It's also the online home of Michael Donaldson, a curious fellow trying his best within the limits of his time. He once competed under the name Q-Burns Abstract Message and was the widely disputed king of sandcastles until his voluntary exile from the music industry.

"More than machinery, we need humanity."

Learn More →

featured

How Songwriters Got Thrown Into a Minefield

Unless there’s future legal clarification paying out ‘damages’ and carving out writing shares will be an expected ritual for composers of hit songs.

Marc Méan’s Collage: Imperfect in the Best Way Possible

Marc Méan found inspiration in Erik Satie’s “Furniture Music” for his album Collage,.resulting in a fascinating exercise in experimental ambiance.

Memory Color and Kankyō Ongaku’s New Age

Portland-based experimental producer Elijah Knutsen has crafted five expressions of Japan on Blue Sun Daydream, paying homage to the micro-genre of Kankyō Ongaku.

Mastodon

Mastodon logo

Listening

If you dig 8sided.blog
you're gonna dig-dug the
Spotlight On Podcast

Check it out!

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
Jay Springett
Kottke
Metafilter
One Foot Tsunami
1000 Cuts
1001 Other Albums
Parenthetical Recluse
Robin Sloan
Seth Godin
The Creative Independent
The Red Hand Files
The Tonearm
Sonic Wasteland
Things Magazine
Warren Ellis LTD
 
TRANSLATE with img-2 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
img-3
img-4 img-5 img-6
TRANSLATE with img-7
COPY THE URL BELOW
img-8
img-9 Back
EMBED THE SNIPPET BELOW IN YOUR SITE img-10
Enable collaborative features and customize widget: Bing Webmaster Portal
Back
Newsroll
Dada Drummer
Deep Voices
Dense Discovery
Dirt
Erratic Aesthetic
First Floor
Flaming Hydra
Futurism Restated
Garbage Day
Herb Sundays
Kneeling Bus
Orbital Operations
Sasha Frere-Jones
The Browser
The Honest Broker
The Maven Game
The Voice of Energy
Today In Tabs
Tone Glow
Why Is This Interesting?
 
TRANSLATE with img-11 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
img-12
img-13 img-14 img-15
TRANSLATE with img-16
COPY THE URL BELOW
img-17
img-18 Back
EMBED THE SNIPPET BELOW IN YOUR SITE img-19
Enable collaborative features and customize widget: Bing Webmaster Portal
Back

ACT

Support Ukraine
+
Ideas for Taking Action
+
Climate Action Resources
+
Carbon Dots
+
LGBTQ+ Education Resources
+
National Network of Abortion Funds
+
Animal Save Movement
+
Plant Based Treaty
+
The Opt Out Project
+
Trustworthy Media
+
Union of Musicians and Allied Workers

Here's what I'm doing

/now

Copyright © 2025 · 8D Industries, LLC · Log in