Future of SoundCloud Looking Grim...

[cuthbert]

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

I hope they pull through. That said, now probably wouldn't be the best time to upgrade to one of their paid tiers...

[Groundy]

Would be a sad loss......



Alex

[chapperz66]

Yes - very sad.  Having said that - do I pay anything towards its upkeep?  No.  I guess I'm a part of the problem.

Paul

[fenderbender]

Never really used it-but sad to see another avenue for musicians in trouble


Tommy

[Hook]

Never really cared much about soundcloud or reverbnation by I'm not much of a subscriber to social media. I like it here.

[Blooby]

Just a heads up that I happened to see the other day on The Gear Page (thread is here). I have not confirmed this, but I thought it was worth sharing.

"Have you read SoundClouds TOS? You should - if the company goes down they own everything on the servers - and they will be selling off that info to the highest bidder."

[IanR]

If they manage to sell any of my music it will be the first time ever.

[Oldrottenhead]

I have lost count of the number of times over the years that "SoundCloud " is closing down. Let's hope they pull through again.

[Speed Demon]

Much nicer here. Soundcloud will be long dead and buried and Songcrafters will still be alive and well.
My two cents.

[64Guitars]

BBC: Soundcloud survives money scare

"Music streaming service Soundcloud will live on after securing a reported $170m (£135m) in investment."