SoundCloud’s Investors May Terminate the Company In 24 Hours

On Friday, SoundCloud’s existing investors will determine if the company lives or dies.  So you might want to back up your catalog. The walls are caving in on SoundCloud.  And its entire future is now hinging upon one vote. Earlier, Digital Music News reported that the beleaguered streaming service was entertaining rescue investment from two […]

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16 Reasons Why Music Startups Fail

1. Licensing. If you want major artists from major labels, be prepared to pay multi-millions of dollars for it.  And it may take years to finalize those deals (just ask Spotify). If you don’t have to give away a percentage of your company, I’d like to meet your attorney. This is how music startups die, […]

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Tunecore Stiffed Us Bad, Says Multi-Million Dollar Lawsuit

Did Tunecore stiff two of its original members?  That’s the basis for a just-filed lawsuit that could cost the company millions in damages. It was a revolutionary idea back in the day.  Any artist, anywhere, could upload their music to any digital platform.   Pay a fee, and you could play.  And, potentially reach millions […]

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Tunecore Stiffed Us Bad, Says Multi-Million Dollar Lawsuit

Did Tunecore stiff two of its original members?  The answer to that question could cost the company millions. It was a revolutionary idea back in the day.  Any artist, anywhere, could upload their music to any digital platform.   Pay a fee, and you could play.  And, potentially reach millions of fans (and more importantly, […]

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SoundCloud’s Valuation Has Dropped 75% In Less Than a Year

SoundCloud RIP? Last July, SoundCloud was ‘mulling a $1 billion offer.  Now, the company is willing to sell for $250 million. Is SoundCloud headed for a date with bankruptcy?  That’s looking like a distinct possibility, with buyers bailing and valuations plunging. Now, there’s this.  According to a record in Re/Code this morning, the streaming giant is […]

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Too Big to Fail? Spotify Hits 50 Million Paying Subscribers

Earlier this year, we questioned whether Spotify was at risk of going bankrupt.  But for a rebounding music industry, is this company simply too big to fail?  Now, with 50 million paying subscribers, the Spotify riddle gets a little trickier. Time for the labels to lower their rates?  Or can Spotify afford it?  Now, there’s […]

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Vadio Calls It Quits After Burning Through $11.8 Million In 4 Years

4 years.  $11.8 million in funding.  1 dead company: Vadio. Vadio was a promising start-up focusing on streaming music video monetization.  So WTF happened? Early this morning, the death knell rang loudly as Vadio officially ran out of cash.  But here’s the kicker: it turns out that the Portland-based startup burned through nearly $12 million […]

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