Soundcloud is running out of cash

Anything about MUSIC but doesn't fit into the forums above.
Post Reply New Topic
RELATED
PRODUCTS

Post

Soundcloud are closing their London and San Francisco offices...

https://www.engadget.com/2017/07/06/sou ... ent-staff/

Post

That kind of move was expected. New York and Berlin offices stay, I wish they will survive over the crisis.

Post

Yes, saw this today that they closing some offices... hmm

Post

So as I see it (in my completely uninformed opinion), it seems like (1) in order to satisfy the DJ mix crowd and allow mixes to be posted, Soundcloud had to (2) get expensive licenses from labels, and figured (3) while they were at it they might as well start a (completely redundant) music streaming service (notwithstanding the pre-existence of Spotify, Apple Music, Google Music, etc, etc, etc), all of which (4) took so much money (and effort) that they completely disregarded their independent-artist music hosting / streaming base, (5) leading many of us who were using it for that purpose to end our subscriptions, leading to (6) financial distress.

Please note that I speak from a position of complete lack of information or insight so all of what I say should be taken as wholly baseless speculation and venting. All I do know is that, for me at least, Soundcloud many years ago became useless as an outlet for hosting my personal music (between questionable sound quality, feature losses, and inability to control spam messages, among other things), which is a real shame. Maybe it could not have survived catering to the indie music crowd anyway, but deciding to go for major label licenses to legalize DJ mixes being posted and then to become the umpteenth Spotify clone doesn't seem to have panned out so well either.

Basically, I blame the mix crowd for everything. :hihi:
Last edited by SirkusPi on Thu Jul 06, 2017 9:22 pm, edited 1 time in total.

Post

I mean, it's crap news for the people they're laying off, no doubt.
But why does an online service need offices all around the globe?
Looking at pictures of those offices, it was more about prestige than actually providing a service to the paying customer.
Wouldn't people from San Francisco or London upload their tracks to Soundcloud for 4€ / month if they only had a Berlin office?
With maybe some freelancers unwilling/unable to move to Berlin located somewhere else?
Last edited by Rockatansky on Thu Jul 06, 2017 9:38 pm, edited 1 time in total.
Confucamus.

Post

SC should fire everybody and hire a freaking UX expert. Start there. Burn it down, start from scratch. The naff audio quality is bad enough, then it's got to be maximum pain on the usability side too? Makes no sense...
You need to limit that rez, bro.

Post

Rockatansky wrote:why does an online service need offices all around the globe?
Image

Hm. Good question. I bet each office had a Free Beer Bar and a Ping Pong Table... oops just saw the pics. Yup. Giffy tells 1000 words. Reminds me of a song... Too Cool for Cubes...
You need to limit that rez, bro.

Post

SirkusPi wrote:So as I see it (in my completely uninformed opinion), it seems like (1) in order to satisfy the DJ mix crowd and allow mixes to be posted, Soundcloud had to (2) get expensive licenses from labels, and figured (3) while they were at it they might as well start a (completely redundant) music streaming service (notwithstanding the pre-existence of Spotify, Apple Music, Google Music, etc, etc, etc), all of which (4) took so much money (and effort) that they completely disregarded their independent-artist music hosting / streaming base, (5) leading many of us who were using it for that purpose to end our subscriptions, leading to (6) financial distress.

Please note that I speak from a position of complete lack of information or insight so all of what I say should be taken as wholly baseless speculation and venting. All I do know is that, for me at least, Soundcloud many years ago became useless as an outlet for hosting my personal music (between questionable sound quality, feature losses, and inability to control spam messages, among other things), which is a real shame. Maybe it could not have survived catering to the indie music crowd anyway, but deciding to go for major label licenses to legalize DJ mixes being posted and then to become the umpteenth Spotify clone doesn't seem to have panned out so well either.

Basically, I blame the mix crowd for everything. :hihi:
Rather spot-on, if I may say so!

Post

Rockatansky wrote:I mean, it's crap news for the people they're laying off, no doubt.
But why does an online service need offices all around the globe?
Agreed.

Post

nonnaci wrote:They provide free sound hosting. Not sure what's not to like. Someone enlighten me from my ignorance!
Yeah, they provide a widely-used and respected free service. Their Pro plan isn't bad either. I alternate between paying the monthly fee then letting it lapse to pay other bills and whatnot that month, and pick it back up again later when I have the extra funds. I don't give a shit about Soundcloud Go, but no one is forcing me to use it.

If Soundcloud does end up disappearing from the web, I'll be sad to see them go. I'm sure a lot of people will be.

Post

Russell Grand wrote:I don't give a shit about Soundcloud Go, but no one is forcing me to use it.
Well on iOS they have now made it so you either have the free version or subscribe to Go - my Pro subscription is no longer recognised.

tbh I still don't even understand what Go is. They haven't really marketed it well, I thought the whole point of a Pro account was ad free access to other people's tracks.

Post

Russell Grand wrote:
nonnaci wrote:They provide free sound hosting. Not sure what's not to like. Someone enlighten me from my ignorance!
Yeah, they provide a widely-used and respected free service. Their Pro plan isn't bad either. I alternate between paying the monthly fee then letting it lapse to pay other bills and whatnot that month, and pick it back up again later when I have the extra funds. I don't give a shit about Soundcloud Go, but no one is forcing me to use it.

If Soundcloud does end up disappearing from the web, I'll be sad to see them go. I'm sure a lot of people will be.
They want you to pay them to host 128kps mp3 files. Gee, I wonder why they're running out of money?

Post

..
Last edited by Vortifex on Sun Apr 14, 2019 8:38 pm, edited 2 times in total.

Post

I really don't get the hostility against Soundcloud. I think it's still the best platform in existence for unsigned artists to present their work to the world. Yes, lately they have ventured into Spotify / Apple Music / Google Play / Tidal territory, but I guess this was necessary in order to explore other sources of income, since their former business model alone was not sufficient in a profitable sense (= didn't generate the funds necessary to run such a large scale operation and gain profit).

I think we should rather support Soundcloud and those of us who have ambitions as an artist should use their service, use the advantages of the Pro account at some point.

Spotify already had plans of buying Soundcloud, but reportedly abandonned those plans. I think some sort of synergy with one of the big streaming players would make sense, but there is of course a risk of someone buying Soundcloud and then shutting down it's whole functionality aimed at upcoming artists, so that it would end up as just another streaming platform or even be fully shut down and integrated into the existing platforms.

Soundcloud, unlike Youtube and other general entertainment platforms, has the advantage of attracting specifically people who are interested in exploring new music, including music from unknown and underhyped artists. That's what makes it so valuable.

One thing I can think of: Soundcloud could collaborate with Native Instruments or Serato etc and make their catalogue accessible in their DJ mixing software

Post

..
Last edited by Vortifex on Sun Apr 14, 2019 8:38 pm, edited 1 time in total.

Post Reply

Return to “Everything Else (Music related)”