SoundCloud Won’t be Profitable Until 2020, Latest Filing Shows

SoundCloud may need more than its $170 million ’emergency funding’ pile to survive.  According to financial projections and filings shared with Digital Music News, this is gonna take awhile. Should they have let it failed? That’s a question now haunting longtime SoundCloud investors.  On August 11th, SoundCloud’s battered financiers made a gamble to keep the […]

The post SoundCloud Won’t be Profitable Until 2020, Latest Filing Shows appeared first on Digital Music News.

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