4 ms·
I agree. Being acquired by Twitter just makes it more likely that SoundCloud will fail, to me - have Twitter actually come up with a decent monetisation strateg
by maaarghk 12y ago
I agree. Being acquired by Twitter just makes it more likely that SoundCloud will fail, to me - have Twitter actually come up with a decent monetisation strategy yet?
- joefarish 12y agoHas SoundCloud come up with a decent monetisation strategy yet?
- JonnieCache 12y agoIt's freemium, but the premium accounts are actually worth buying. You get more upload time, better stats, more customisable embedded players, etc. Lots of people buy them, I assume it's already quite profitable. The "prosumer" market for music production is expanding enormously at the moment with the american EDM boom. If twitter shuts it down or ruins it, there will be blood. A lot of people depend on it and there would be instant demand for a replacement if the userbase turns its nose up at any changes. OTOH anyone promoting their music on SC is almost certainly already doing so on twitter as well, so some simple, well executed integration could go a long way.
- aclements18 12y agoWell Twitter made about $665 million last year, with much larger projections for this year. I would say that qualifies as "decent".
- ceejayoz 12y agoTwitter lost $645 million in 2013. I'm not sure "spend $2 to make $1" necessarily qualifies as "decent".
- ulfw 12y agoIt's decent to all the other companies out there that are now valued in the billions of dollars for reasons unbeknownst to me.
- aclements18 12y agoThey didn't lose $645 million in spending, it was a one time recognition of the stock they already allocated.
- ceejayoz 12y agoThey've still yet to make a profit.