SoundCloud’s Financial Losses Are Way, Way Worse Than We Thought

SoundCloud’s revenues topped $100 million last year.  That’s great!  But, its losses totaled nearly $100 million in 2016.  It will likely grow even more.  =( Speaking with the Financial Times just over a week ago, SoundCloud CEO Kerry Trainor confirmed that the popular streaming music platform has exceeded its financial and user growth targets.  The […]

The post SoundCloud’s Financial Losses Are Way, Way Worse Than We Thought appeared first on Digital Music News.

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