Advertisement blocked. I get it, ads suck. However, this website is run by one person and these ads are the only way we can keep publishing. If you like this website, please consider becoming a supporting member to remove the ads or safelist the website in your content blocker, we will not be able to exist otherwise.

SoundCloud Still Losing Money

Soundcloud

Tim Ingham, writing at Music Business Worldwide:

According to a new filing at Companies House (UK), SoundCloud Ltd’s revenues grew 21.6% to €21.1m ($22m) in 2015 – but its net losses accelerated 30.9% to €51.22m ($52m).