Twitter has written down most of its $70 million investment in SoundCloud. This is a substantial indication that digital music is a challenging industry to make a profit.
Streaming service SoundCloud has cut about 40 percent of its staff, in a move that will allow the company to better compete with its larger music streaming rivals, Spotify and Apple Music, Bloomberg reports.
San Francisco -
San Francisco-based micro-blogging giant Twitter confirmed Tuesday that it had taken a major stake in music streaming service SoundCloud Ltd.
Online radio platform, Mixcloud, has recently launched an exclusive app for the latest version of Apple TV. Co-founder, Mat Clayton, filled Digital Journal in on the details.
Few musicians attracted as intense attention as Oh Wonder, a London duo who were earning rave reviews a year before their first EP was released. How? By teasing fans with posting one song a month for a year on Soundcloud.
As music websites on the Internet look to monetize their products, music streaming website SoundCloud is implementing new streaming limitations to improve its revenue stream.
For all of its recent controversy over its business tactics, giant German music streaming platform SoundCloud seems to have emerged mostly unscathed. Let's take a closer look.
Once a haven for independent artists, SoundCloud has recently gone slightly corporate. With the $100 million in funding raised since 2007, the platform will now monetize using advertising, a premier tier and a subscription service.
It's time to press pause on the backlash against Soundcloud and Universal Music Group after the pair have been accused of issuing takedown notices for copyrighted music.
You’ve spent the last year rehearsing in your garage with your bandmates and perfecting your sound. Now it’s time to get your band out from behind closed doors and into the public’s eye. But how do you go about doing this?
Musicians are known for starving and living paycheck to paycheck. Today, however, the power of the Internet allows them to market their music and turn a profit.