News SoundCloud: Profitability Will Take Years Twitter Email Facebook When Will SoundCloud Be Profitable? soundcloud-profitability-will-take-years A regulatory filing spells out the long road to profit that SoundCloud hopes to travelPhilip MerrillGRAMMYs Sep 12, 2017 – 1:16 pm Streaming music is succeeding as top services Amazon Music, Apple Music and Spotify are adding millions of paid subscribers, but the struggle to get into the black and see profit is crucial, especially for the long-term survival of streaming service SoundCloud.An online platform that has helped new stars such as Chance The Rapper and Kygo rise to international prominence, SoundCloud is beloved but love won’t pay the bills. Investors came to its rescue in August to save the nearly shuttered service but SoundCloud’s millions of free users have diminished somewhat and the two tiers of SoundCloud Go premium have not reached the point where it’s profitable.Digital Music News uncovered a German regulatory filing spelling out the tough realities for SoundCloud moving forward. Converting free users to paid subscribers is SoundCloud’s road to survival. Depending on the rate of that growth, fresh investment could be needed “to generate sufficient cash to cover the planned expenditures.”Given the power and scope of the big-league majors, additional music subscriptions are most likely to be a second thought. But fans need to wrap their heads around supporting multiple premium services for many of their favorites to survive long-term.With August’s Investment, SoundCloud Fans Celebrate Its SurvivalRead more
Share this:TwitterFacebookLike this:Like Loading… RelatedWhat To Expect At The Wilmington Farmers Market On September 1In “Community”What To Expect At The Wilmington Farmers Market On Sunday, September 8In “Community”What To Expect At The Wilmington Farmers Market On August 25In “Community” WILMINGTON, MA — The Wilmington Farmers Market held its weekly market on the Swain Green this past Sunday, July 28. Below are some scenes from the Market. Click on each image for a larger view. Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email email@example.com.
Power of Indian democracy at a polling booth in #Baramulla area of North #Kashmir #LokSabhaElections2019 pic.twitter.com/yoG43VVAO2 — Neeraj Rajput (@neeraj_rajput) April 11, 2019A 24.4 per cent voter turnout was recorded in the two assembly constituencies till 11 am. Long queues of voters in Baramulla, Kupwara, Bandipora assembly segments of the North Kashmir constituency were witnessed since the wee hours despite reports of petrol bombing and stone pelting in the region.Various militant outfits, including Hizbul Mujahideen and Lashkar-e-Taiba, had warned the people not to participate in the Lok Sabha elections.On the other hand, many mainstream political leaders, including Omar Abdullah, Mehbooba Mufti and Farooq Abdullah, have urged the voters to defy the protest call and come out to exercise their franchise.A sizeable population of Kashmiri Hindu migrants originally from Baramulla and now settled in Jammu and Delhi have been asked to vote from their respective locations. Two polling booths were set up for the migrant voters in Jammu region.Jammu: Kashmiri Pandits in Udhampur cast their votes for Baramulla parliamentary constituency at a special polling station set-up at Municipal Town Hall. A voter says, “We are migrants here. It’s our duty to caste vote. We want to return to Baramulla” pic.twitter.com/sRsZbXhdkL— ANI (@ANI) April 11, 2019There are 13.2 lakh voters in the Baramulla constituency which is seeing a triangular contest between the seasoned political leader, Mohammad Akbar Lone of National Conference, Engineer Rashid who is an independent candidate and an ex IAS officer, Raja Aijaz Ali of Peoples Conference.Interestingly, Engineer Rashid who is also an ex-MLA has received support from former IAS officer, Shah Faesal. Rashid has been a controversial figure as he openly supported the separatist Hurriyat leadership in the valley and at one point even supported the plebiscite in the valley, termed as anti-national by the right wing groups.The BJP is almost virtually non-existent in Kashmir but is still the strongest party in Jammu constituency. The BJP vote bank may however be dented by the Muslim majority regions of Poonch and Rajouri in Jammu region casting their vote in favour of Congress and other regional parties.The BJP had swept the Lok Sabha polls and State Legislative Assembly elections conducted in Jammu region last time. People from the Baramulla constituency of North Kashmir turn out to vote despite reports of violence and threats in the regionTwitter/ Ieshan WaniAn elderly man pushing his wheelchair to reach the nearest polling booth in Baramulla district of Jammu and Kashmir and an excited voter dancing his heart out while casting his vote presented a different picture of the valley which has seen a record number of deaths and violence in the recent times.Image of the day. Voter dancing in Bandipora in the Kashmir valley. #IndiaElects @IndiaToday pic.twitter.com/VDiZlpMaK9— Rahul Kanwal (@rahulkanwal) April 11, 2019
Rashed KhanA Dhaka court has placed quota reform leader Rashed Khan on a fresh 10-day remand in two separate cases.One of the cases is under the ICT act and the other is for attack on Dhaka University’s vice-chancellor’s residence.Dhaka’s additional chief metropolitan magistrate Muhammad Asaduzzaman Nur ordered the remand fresh after his five-day remand ended in an ICT case on Sunday.The Detective Branch (DB) investigation officers of two cases sought 10-day remand in each case to interrogate Rashed while the court put him on 5-day remand in each case.Inspector Rafiqul Islam, also investigation officer of the cases, told the court that the transaction of Tk 700,000 was found in Rashed’s account during the street agitations of quota reform.In defence, Rashed’s lawyer told the court that protesting university students sent him the money even at an amount of Tk 100 for bearing the expenses of banners, festoons and renting microphones and so on. Police arrested Rashed, joint convener of Bangladesh General Students Rights Protection Council, the platform demanding civil service quota reforms on 1 July from his Bhashantek residence.