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SoundCloud raises $75M from SiriusXM

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21–30 of 227 posts

Re: SoundCloud raises $75M from SiriusXM

#21

Wait, what? I’m already surprised SiriusXM is still somehow around, let alone that they have $75 million to invest in another company and not that they’re taking $75 million to stay afloat...

The market cap of SirusXM is almost $32bn, roughly $5bn more than Spotify.

Wow. I know like every new car comes with a trial but I didn’t realize people actually activated it.

Re: SoundCloud raises $75M from SiriusXM

#22
post #12

Wait, what? I’m already surprised SiriusXM is still somehow around, let alone that they have $75 million to invest in another company and not that they’re taking $75 million to stay afloat...

SiriusXM has no competition in the satellite radio space as far as I know.

They also own Pandora.

Re: SoundCloud raises $75M from SiriusXM

#23
post #17
post #12

Earlier quoted context omitted.

SiriusXM has no competition in the satellite radio space as far as I know.

Don't they have some kind of deal with auto manufacturers, putting their system into every car coming off the line?

Yes, they have different programs with different manufacturers.

Almost all of them include between 3-12 months of free service (I think specific lines in Chrysler's lineup across brands are the only ones with 12, Alfa Romeo I know of specifically).

A lot of vehicles it's actually considered an "upgrade" to the stereo system and is only included with the more premium package.

A lot of people buying cars usually ask about it having Sirius or Satellite radio; they've been adding a lot of new shows and stations like comedians and they have a lot of sports. Their comedy channels are very similar to comedy podcasts and they've been growing this lineup. Having it all integrated into your vehicle without having to plug in your phone is still a big feature with older people and even some younger ones.

Re: SoundCloud raises $75M from SiriusXM

#24

Earlier quoted context omitted.

The market cap of SirusXM is almost $32bn, roughly $5bn more than Spotify.

Wow. I know like every new car comes with a trial but I didn’t realize people actually activated it.

They have an incredibly efficient negative cancelation program that hikes the teaser rate to something like $45/mo.

Re: SoundCloud raises $75M from SiriusXM

#25

Earlier quoted context omitted.

The market cap of SirusXM is almost $32bn, roughly $5bn more than Spotify.

Wow. I know like every new car comes with a trial but I didn’t realize people actually activated it.

I have probably 6 or 7 paid subscriptions for my personal use. Aside from Netflix, SxM is probably the one I would cancel last of the group.

Re: SoundCloud raises $75M from SiriusXM

#26
post #24

Earlier quoted context omitted.

Wow. I know like every new car comes with a trial but I didn’t realize people actually activated it.

They have an incredibly efficient negative cancelation program that hikes the teaser rate to something like $45/mo.

And that's why I never even activated XM on my new car even though it came with a 1 year free trial.

I have Pandora Plus $5/month.

Re: SoundCloud raises $75M from SiriusXM

#27

Earlier quoted context omitted.

The market cap of SirusXM is almost $32bn, roughly $5bn more than Spotify.

Wow. I know like every new car comes with a trial but I didn’t realize people actually activated it.

I use and love it in all of my cars. I have Spotify and Apple Music too, but there's something about actual "radio" without commercials that I enjoy for longer drives.

Re: SoundCloud raises $75M from SiriusXM

#28

And they still haven't fixed the bug that doesn't let you drag and drop to rearrange the songs in your 'Spotlight' list on your profile in Chrome. I reported it about 6 years ago, and repeatedly re-report it at least every 12 months. Hopefully some of this $75M goes towards a competent javascript programmer for their frontend.

> Hopefully some of this $75M goes towards a competent javascript programmer for their frontend

hmmm

Re: SoundCloud raises $75M from SiriusXM

#29
post #24

Earlier quoted context omitted.

They have an incredibly efficient negative cancelation program that hikes the teaser rate to something like $45/mo.

And that's why I never even activated XM on my new car even though it came with a 1 year free trial. I have Pandora Plus $5/month.

Also owned by Sirius btw

Re: SoundCloud raises $75M from SiriusXM

#30
post #6

I stopped liking soundcloud when I realized that 99.999999% of my followers are bots. I dont need a bunch of followers that mean nothing. I would rather have 0 than 100 fake followers. I also realized that at my production rate, its cheaper to just use Distrokid and throw things out on iTunes than to hope for discovery on soundcloud. Now I just use sound cloud to distribute examples of hardware mods or how a piece of…

I am interested in what are the benefits of following people, since (by your definition) bots are following random people, there must be an incentive for it.

People pay for followers (bots). To make the bots look more organic rather than 10,000 bots only following the same handful of people that paid for followers, the bots will also follow random people.
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