Your EDM
  • News
  • Featured
    • Editorials
    • Giveaways
    • Aspire To Inspire
    • Interviews
  • Music
    • House
      • Bass House
      • Commercial House
      • Deep House
      • Disco House
      • Dutch House
      • Electro House
      • Future House
      • Indie Dance
      • Nu-Disco
      • Progressive House
      • Tech House
    • Bass Music
      • Drum n Bass
      • Dubstep
      • Future Bass
      • Glitch Hop
      • Hardstyle
      • Moombahton
      • Trap
    • Trance
      • Trouse
      • Uplifting Trance
      • Tech Trance
    • Free Downloads
  • Discord
  • News
  • Featured
    • Editorials
    • Giveaways
    • Aspire To Inspire
    • Interviews
  • Music
    • House
      • Bass House
      • Commercial House
      • Deep House
      • Disco House
      • Dutch House
      • Electro House
      • Future House
      • Indie Dance
      • Nu-Disco
      • Progressive House
      • Tech House
    • Bass Music
      • Drum n Bass
      • Dubstep
      • Future Bass
      • Glitch Hop
      • Hardstyle
      • Moombahton
      • Trap
    • Trance
      • Trouse
      • Uplifting Trance
      • Tech Trance
    • Free Downloads
  • Discord
No Result
View All Result
Your EDM
No Result
View All Result
Home EDM News

SoundCloud Posts Record Revenue After Years Of Consumer Uncertainty

by Matthew Meadow
January 17, 2020
in EDM News
soundcloud

For the past couple of years, posting theories about the downfall of SoundCloud has been on trend. And after a couple years of questionable business and constant reports of erroneous takedowns, no one could be blamed for thinking the massive streaming platform was on a downward trajectory, despite its seeming “too big to fail” status.

Today, in a filing given to Music Business Worldwide by SoundCloud, the company revealed that “in Q4 2019, the firm’s 12-monthly gross revenue run-rate exceeded $200m for the first time in history.”

Year over year, SoundCloud posted higher revenues and continued loss reductions that it attributes to a variety of factors, including the expansion of its SoundCloud Premier monetization. A smaller staff count also contributed to less in payroll, employing 240 people on average (€25.8m), down from 307 in the prior year (€34.5m).

What does all of this ultimately mean? With over 200 million tracks on the platform, listened to by a combined audience of more than 100 million (after partnering with Pandora as its exclusive U.S. advertising and sales partner), SoundCloud isn’t going anywhere anytime soon.

You can read the full report and analysis on MBW here.

Tags: $200mfirst timerevenuesoundcloudStreaming
Previous Post

Grammys CEO Threatens To “Expose” Academy Following Misconduct Allegation

Next Post

Eminem Targets Gun Violence with Surprise Album ‘Music To Be Murdered By’

Matthew Meadow

Matthew Meadow

Lover of all bass music. I'm not afraid to speak my mind and put it to paper, and I do it often. I call Los Angeles my home, there's no better place for emerging EDM. Get in touch with me more via email or Twitter.

Next Post
Eminem Targets Gun Violence with Surprise Album ‘Music To Be Murdered By’

Eminem Targets Gun Violence with Surprise Album 'Music To Be Murdered By'

No Result
View All Result

Facebook Twitter Instagram Twitch

Our Company

  • Contact Us
  • Join the community

Our Policies

  • Privacy Policy
  • Cookie Policy
  • Terms of Use
© 2020 Your EDM, LLC - All Rights Reserved
No Result
View All Result
  • News
  • Featured
    • Editorials
    • Giveaways
    • Aspire To Inspire
    • Interviews
  • Music
    • House
      • Bass House
      • Commercial House
      • Deep House
      • Disco House
      • Dutch House
      • Electro House
      • Future House
      • Indie Dance
      • Nu-Disco
      • Progressive House
      • Tech House
    • Bass Music
      • Drum n Bass
      • Dubstep
      • Future Bass
      • Glitch Hop
      • Hardstyle
      • Moombahton
      • Trap
    • Trance
      • Trouse
      • Uplifting Trance
      • Tech Trance
    • Free Downloads
  • Discord

© 2020 Your EDM, LLC - All Rights Reserved