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Tag: Music Business

'SoundCloud Crumbling? $70M in Losses Spells Uncertain Future

The longevity of the popular audio social network, SoundCloud, could be in question after recent reports surfaced that service has lost over $70 million in two years. Having endured loses in 2013 as well as 2014, the losses place SoundCloud in an unstable position going into the future, with the company's board of directors going so far as to assert that "there are material uncertainties facing the business."
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