soundcloud

  • Report: Free trials push Apple Music ahead of Pandora and Spotify on mobile usage

    Report: Free trials push Apple Music ahead of Pandora and Spotify on mobile usage

    Spotify may be the reigning leader when it comes to the largest number of paid subscribers for a streaming music service, but it’s Apple that comes out on top when their respective audiences translate into monthly unique users, specifically on mobile. A report published this week from mobile analytics firm Verto has found that Apple Music attracted 40.7 million monthly unique users to… Read More

  • Yep, more later-stage companies are taking on venture debt

    Yep, more later-stage companies are taking on venture debt

    Venture debt has been much in the news lately. Are desperate times beginning to call for desperate measures? That might be an overstatement. At the same time, the venture debt firm Western Technology Investment has seen plenty of cycles and amassed plenty of data over its 37 years in the business, and CEO Maurice Werdegar says the firm just finished its busiest quarter ever. Read More

  • Soundcloud confirms new $70M credit line, still closin $100M round

    Soundcloud confirms new $70M credit line, still closin $100M round

    Soundcloud — the popular, but unprofitable platform that lets creators post and share music and other audio files — may have been unsuccessful (so far) in closing a new $100 million round of funding, but it’s not running out of money soon. The company has secured a $70 million round of debt funding from three new investors — Ares Capital, Kreos Capital, and… Read More

  • SoundCloud revamps its subscription service with cheaper $4.99 option

    SoundCloud revamps its subscription service with cheaper $4.99 option

    SoundCloud has rebooted its paid membership plan with a new budget option less than a year after it launched. The Berlin-based company today revealed a cheaper tier of $4.99 per month, down from the initial $9.99 subscription that it rolled out last March, in a bid to make its plans more appealing to users. The company isn’t abandoning that higher pricing, though, and it will offer… Read More

  • Dubset raises $4M to legalize remixes for Spotify and Apple Music

    Dubset raises $4M to legalize remixes for Spotify and Apple Music

    Record labels refuse to allow streaming of remixes and hour-long DJ sets unless copyright owners get paid for every little sample. Dubset just raised $4 million to handle that legal mess so Spotify and Apple Music can offer the type of music that used to live illegally on SoundCloud. Read More

  • SoundCloud amps up advertising with programmatic buying in the US

    SoundCloud amps up advertising with programmatic buying in the US

    On the heels of hiring a new CTO from Yahoo and trying to position itself either as a stronger acquisition target or standalone entity, SoundCloud is getting a lot deeper into the business of advertising. Today the audio startup — which streams both licensed music tracks and is also a go-to platform for user-generated content (similar to YouTube) — announced that it would be… Read More

  • SoundCloud co-founder takes product role, Yahoo alum steps in as CTO

    SoundCloud co-founder takes product role, Yahoo alum steps in as CTO

    On the heels of losses that appear to be growing faster than revenues, and reported acquisition interest from Google, the music streaming service SoundCloud today announced some executive movements. Eric Wahlforss, who co-founded the audio streaming startup with Alexander Ljung, is stepping away from the role of CTO and taking a new position as chief product officer. Meanwhile, SoundCloud… Read More

  • Spotify has backed out of talks to acquire SoundCloud

    Spotify has backed out of talks to acquire SoundCloud

    The digital music marriage that many wanted to happen isn’t happening after all. Spotify has given up on its latest effort to buy SoundCloud following months of talks between the two, according to a source at Spotify who is familiar with discussions. Read More

  • Spotify could out-dance Apple if it does acquire SoundCloud

    Spotify could out-dance Apple if it does acquire SoundCloud

    SoundCloud as a company is a disaster, but it’s the only streaming service with the DJ sets and remixes kids love. So it makes perfect sense that Spotify is in advanced talks to acquire SoundCloud, the Financial Times reports. Spotify already declined to buy it twice over the past year and a half; talks broke down over pricing. But since then, SoundCloud has hammered out deals with the… Read More

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