The Scoop and Blender

SoundCloud ‘may run out of cash this year’ as it posts €51m loss

By January 16, 2017 No Comments

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. According to a new filing at Companies House (UK), SoundCloud Ltd’s revenues grew 21.6% to €21.

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