if they had previously

上一篇 / 下一篇  2016-02-25 10:51:03

SoundCloud turned over €21.1 million in revenue in 2015 — up 21.6 percent on the prior year. However, in the same period, operating losses widened 25 percent to €48.6 million — as net losses accelerated 30.9 percent to €51.2 million. Operating losses are more than double the size of that compared to revenue. By cutting staff and closing offices ,they’ve achieved a total saving of €16.9 million. So, surely this is a problem? They still have a big gap between revenue and profitability Enterprise Cloud Backup.

Ljung was combative: “We’re one of the largest music platforms in the world. Even just yesterday we were in the top 20 of all the apps downloaded in the app store. So we still have an enormous user base and growth and engagement. So the platform. is still growing. Creators are huge on the platform. The numbers of tracks are still growing. So everything in terms of the business is doing well.”He said they have many more music licenses, and now ad revenues, subscriptions from Go and Go+ productsreenex hk.

But, I asked, could they have not foreseen these coming problems earlier?“We decided we’re going to grow our way into this. We doubled revenues in the last 12 months. We decided we would take more control. We laid off 173 people, that’s a considerable cost-saving, consolidated offices, our users are going up, revenues are doubling and the reason for this is we’re taking more control of our own future, creating a path to profitability and ensuring our independence at SoundCloud.”He refused to answerbeen trying to raise a rumored $250 million, but did say: “We are fundraising at this point, but that’s not as interesting as music on the platform… We have licenses with pretty much the entire music industry and are very supported by the entire music industry. We’re monetizing content for the industry. And these days we have emerging talent on SoundCloud. The music industry is supportive.”I put it to him that not all in the industry were supporting: They compete now with Spotify, Deezer etcnews about tourism.

“We are building an independent SoundCloud, which is completely unique. You can can find artists there that don’t exist anywhere else. Many are the next ones to accept Grammys. There is tremendous financial and cultural impact on SoundCloud. It will stay strong.”






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