Musicians, Fans Rush To Download Millions Of Tracks As SoundCloud Shutdown Fears Grow

So, there seems to be a bit of a controversy surrounding Soundcloud, and some leaked info about their money problems. It appears they are laying people off and only have enough in the budget to cover up until the 4th quarter of the year. The company seems to be going belly up which has a lot of artists worried about loosing their favorite platform. Check out the full article below.



Musicians, Fans Rush To Download Millions Of Tracks As SoundCloud Shutdown Fears Grow



Music Business Worldwide has also done an analysis on if there is even a path to profits for Soundcloud considering it's business model and track record. You can check that out here : After Laying Off 173 Employees, Does Soundcloud Really Have A 'Path To Profitability'