2017-01-09
Music Business Worldwide
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SoundCloud's filing in UK: losses up 30.9% to $52M while revenues grew 21.6% to $22M in 2015; Universal, Sony, and Warner now own stakes in SoundCloud
SoundCloud's losses grew faster than its revenues in 2015 - with the company now admitting that, should its subscription service flop, its funding may run dry this year.
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