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SoundCloud raises $75M from SiriusXM

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Re: SoundCloud raises $75M from SiriusXM

#161

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.

When I've had to cancel the service, their sales department is pretty aggressive in talking you out of it.

For others, it's a highly compelling service. I know people who subscribe just to listen to Howard Stern.

Re: SoundCloud raises $75M from SiriusXM

#162

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...

I don't understand satellite radio.. Ok in an airplane. But why in a car? In the Netherlands all radio is FM and its for free. Why would somebody want satellite radio...

I guess there is no full country coverage of FM in USA?

Re: SoundCloud raises $75M from SiriusXM

#163
post #162

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...

I don't understand satellite radio.. Ok in an airplane. But why in a car? In the Netherlands all radio is FM and its for free. Why would somebody want satellite radio... I guess there is no full country coverage of FM in USA?

There is, but you won't find a station for every genre everywhere you go. I doubt you'd find that anywhere to be honest.

Re: SoundCloud raises $75M from SiriusXM

#164
post #59

I feel like I'm in the minority of those who love SoundCloud. It's one the very few places for indie music makers and DJs to showcase their work that otherwise may not necessarily be published via the official publishing channels. That includes e.g. long running DJ mixes, not exactly the type of material for the official release bureaucracy and associated costs. The only problem with SoundCloud is that instead of fol…

Paid SoundCloud listener here. I value the service they provide and I am happy to pay for it. They could improve discovery options, so greater collaboration with Pandora would be a very good thing.

Re: SoundCloud raises $75M from SiriusXM

#165
post #126

Earlier quoted context omitted.

I really like Bandcamp as a “music publishing platform for independent artists”. It lets people listen for free, makes it easy to collect payments. I feel like they’ve taken the “slow but pure” approach to product development. Not growing super fast, or chasing revenue, but just making sure the core feature works for artists who are truly independent, and carefully expanding from there.

Bandcamp has an awfully out of date UI, no recommendation engine of any kind, overall ridiculously simplistic, plus their monetization model is closer to an indie label one. This is altoegther a different model and a different niche compared to SoundCloud.

i'm working on a solution to this problem. it's called .mixtape - https://mixtape.ai currently in beta but targeting an end of february launch

Re: SoundCloud raises $75M from SiriusXM

#166

Earlier quoted context omitted.

Do you create music independently? Have you tried to distribute it? If not, from where is your expertise? If so, maybe your music isn't that good? That's the responsibility that I take. I have just over 8,000 listens on Soundcloud. I have good reason to believe that the great majority of those are real. It's quite satisfying. My hobby has perhaps connected with some people, in the magical way that music does. If I we…

hey braindongle, what is your soundcloud handle? I'd like to check out your work and add to those 8k listens! :) (incidentally, I am patientfrog on soundcloud)

https://soundcloud.com/willhaslett

Will check out your stuff! Incidentally, I've toyed with the idea of "usefulmoose" for an artist name. [adjective-that-people-like][animal-that-people-like]. Good formula.

Re: SoundCloud raises $75M from SiriusXM

#167
I once totaled a car that had SiriusXM and didn't realize until 1-2 years later that I was still getting charged (annually) for the subscription.

I think they reversed some of the charges when I finally noticed and called to explain the situation. It was very easy to overlook when you've just had a car accident and had to deal with insurance and buying a new car and all of that.

Re: SoundCloud raises $75M from SiriusXM

#168
post #59

I feel like I'm in the minority of those who love SoundCloud. It's one the very few places for indie music makers and DJs to showcase their work that otherwise may not necessarily be published via the official publishing channels. That includes e.g. long running DJ mixes, not exactly the type of material for the official release bureaucracy and associated costs. The only problem with SoundCloud is that instead of fol…

The other issue with Spotify is that they had no answer for Dropbox, clyp.it or more recently, Bandlab. Back in the day if you wanted to collab with another producer, vocalist, rapper, whatever, SoundCloud was the quick and dirty way of sharing audio ideas and files in the browser. For larger projects you used Dropbox. Shame they tried to be internet radio and not a place and tool for content creators, like YouTube.…

The other issue with Spotify is that they had no answer for Dropbox, clyp.it or more recently, Bandlab.

Um, those things are not an issue for Spotify; Spotify's product is not meant to be used by creators like Soundcloud and definitely not even in the same ballpark as Dropbox.

Re: SoundCloud raises $75M from SiriusXM

#169
post #87
post #59

I feel like I'm in the minority of those who love SoundCloud. It's one the very few places for indie music makers and DJs to showcase their work that otherwise may not necessarily be published via the official publishing channels. That includes e.g. long running DJ mixes, not exactly the type of material for the official release bureaucracy and associated costs. The only problem with SoundCloud is that instead of fol…

> I feel like I'm in the minority of those who love SoundCloud. It's the only music streaming service that takes discovery seriously, and it's the only one I use.

Call me basic, but Spotify's algorithms for discovery are pretty damn good.

Re: SoundCloud raises $75M from SiriusXM

#170
post #162

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...

I don't understand satellite radio.. Ok in an airplane. But why in a car? In the Netherlands all radio is FM and its for free. Why would somebody want satellite radio... I guess there is no full country coverage of FM in USA?

I never understood it until someone I know had it in his company car. He told me they pay for it because when they do long distance, FM networks would keep switching. That's when I understood their market. The current top comment is from a truck driver that pretty much confirm this.

In road trip you never had channels that stop receiving? They pay 5$ a month to avoid to switch in theses situations ;).

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