The pandemic has left musicians more dependent than ever on streaming revenue, but that can be a fraction of a penny per listen.
SoundCloud is known for hosting up-and-coming artists like Lil Nas X and Billie Eilish.
Online audio platform SoundCloud, a favorite of indie musicians, has been struggling to stay afloat financially. Last month, it laid off 40 percent of its staff, and the company has been urgently seeking a reported $170 million cash injection to keep going. Today it got that emergency investment approved by shareholders. As part of that […]
Can the streaming service enter the mainstream without losing its cool?
CEO Alexander Ljung says it highlights SoundCloud's creators.
Soundcloud will turn six-years-old at the end of this month. In the last two years alone, Soundcloud's registered users have increased 400 percent to 40 million.