SoundCloud will be shutting down (probably.. or get bought out) *UPDATE* 8-12-17

This forum is for anything not Reason related, if you just want to talk about other stuff. Please keep it friendly!
User avatar
EnochLight
Posts: 3151
Joined: 17 Jan 2015

01 May 2017

Oquasec wrote:Good for them keep usin it. The world revolves whether or not a group of dudes quit that thing & move somewhere else.
Hence the purpose of this thread.. ;)
Windows 10 64-bit | Reason 9.5 |  Studio One 3.5| Asus Sabertooth Z77 | Intel i7 3770k Quad-Core @ 4.2 Ghz | 16 GB RAM | Mushkin Reactor 1TB SSD | RME babyface Pro| Nektar Panorama P-4 | M-Audio Trigger Finger Pro

User avatar
Oquasec
Posts: 1451
Joined: 05 Mar 2017

01 May 2017

What purpose?
Casual producer, been enjoying the field for quite some time. [What the fuck's soundcloud]
https://cnhv.co/6436 For tracks.
:reason: :re: :refill: :post: :cool: :rt: :refillpacker:
Rewire main, Reason/Reaper.

User avatar
EnochLight
Posts: 3151
Joined: 17 Jan 2015

02 May 2017

Oquasec wrote:What purpose?
To generate awareness and a dialog, and to entertain alternatives.
Windows 10 64-bit | Reason 9.5 |  Studio One 3.5| Asus Sabertooth Z77 | Intel i7 3770k Quad-Core @ 4.2 Ghz | 16 GB RAM | Mushkin Reactor 1TB SSD | RME babyface Pro| Nektar Panorama P-4 | M-Audio Trigger Finger Pro

User avatar
avasopht
Posts: 1504
Joined: 16 Jan 2015

02 May 2017

You can host on github for free. Unlimited.

If you know HTML it's not hard to make your own player. There are probably easy to follow tutorials for it.

User avatar
EnochLight
Posts: 3151
Joined: 17 Jan 2015

12 Aug 2017

Looks like SoundCloud is sticking around now, according to today's news (it just got bought out):

http://www.factmag.com/2017/08/11/sound ... ment-deal/

SoundCloud stays alive with $169.5 million investment deal, founder steps down as CEO
“The investment will ensure a strong, independent future for SoundCloud.”

SoundCloud has secured a crucial $169.5 million investment deal from global merchant bank The Raine Group and Singapore-based investment company Temasek that will enable it to stay afloat.

Writing on its blog today (August 11), the cash-strapped streaming platform said “the investment will ensure a strong, independent future for SoundCloud, funding deeper development and marketing of its core tools used by millions of audio creators.”

The streaming service has also revealed plans to replace long-time CEO Ljung – who has headed up the company since 2007 – with “veteran digital media operator” Kerry Trainor. Michael Weissman joins the team as Chief Operating Officer, while Ljung will take on a new role of Chairman of the Board.

According to Variety, the new investors will acquire more than 50 per cent of the company. Last month, SoundCloud terminated the contracts of 173 staff members amid reports that it only had enough money to stay afloat until Q4, which begins on October 1. Company co-founder Alexander Ljung later issued a statement denying the claims.

SoundCloud’s financial troubles have been widely reported over the past few years. In 2016, it emerged that the company lost $44 million dollars in 2014, while this year, reports showed that it suffered a $52 million loss in 2015.
Windows 10 64-bit | Reason 9.5 |  Studio One 3.5| Asus Sabertooth Z77 | Intel i7 3770k Quad-Core @ 4.2 Ghz | 16 GB RAM | Mushkin Reactor 1TB SSD | RME babyface Pro| Nektar Panorama P-4 | M-Audio Trigger Finger Pro

raymondh
Posts: 867
Joined: 15 Jan 2015

12 Aug 2017

EnochLight wrote:
12 Aug 2017
Looks like SoundCloud is sticking around now, according to today's news (it just got bought out):

http://www.factmag.com/2017/08/11/sound ... ment-deal/

SoundCloud stays alive with $169.5 million investment deal, founder steps down as CEO
“The investment will ensure a strong, independent future for SoundCloud.”

SoundCloud has secured a crucial $169.5 million investment deal from global merchant bank The Raine Group and Singapore-based investment company Temasek that will enable it to stay afloat.

Writing on its blog today (August 11), the cash-strapped streaming platform said “the investment will ensure a strong, independent future for SoundCloud, funding deeper development and marketing of its core tools used by millions of audio creators.”

The streaming service has also revealed plans to replace long-time CEO Ljung – who has headed up the company since 2007 – with “veteran digital media operator” Kerry Trainor. Michael Weissman joins the team as Chief Operating Officer, while Ljung will take on a new role of Chairman of the Board.

According to Variety, the new investors will acquire more than 50 per cent of the company. Last month, SoundCloud terminated the contracts of 173 staff members amid reports that it only had enough money to stay afloat until Q4, which begins on October 1. Company co-founder Alexander Ljung later issued a statement denying the claims.

SoundCloud’s financial troubles have been widely reported over the past few years. In 2016, it emerged that the company lost $44 million dollars in 2014, while this year, reports showed that it suffered a $52 million loss in 2015.
Thanks for the update Enoch. That's great news. Not just the investment but the change of the operational leadership. A CEO for a startup may not be the ideal CEO for a large company (and vice versa) - but it is a difficult thing to come to terms with. It will be interesting to see what happens in the next 12 months!

User avatar
Aosta
Posts: 51
Joined: 26 Jun 2017

12 Aug 2017

Hopefully they will now upgrade the quality of their streaming service? They probably lost so much money because people were not prepared to subscribe to such a low quality service.
I tried the 'pro' deal and honestly it sucked for what they were offering.
Tend the flame

robthompson
Posts: 27
Joined: 23 Jan 2017

12 Aug 2017

Whatever happens, I already jacked my sub. I'll keep a watching brief though; who knows? It might be for the better (it couldn't possibly get any worse - or could it?).

There's a time - a season - for everything. SoundCloud had its season, now it's time for something different. Hope they keep the name though; nothing wrong with that!

Post Reply
  • Information
  • Who is online

    Users browsing this forum: No registered users and 7 guests