Audiomack cofounder on SoundCloud's financial woes: 'They turned their backs on their core audience'
Original story at Business Insider• 3 mentions • 2 months ago
Business Insider 2 months ago
This week, news of SoundCloud’s financial troubles came to light. Reports of 40% layoffs and an 80 day doomsday countdown have left artists and listeners wondering, “What went wrong?” and “Where will our music go?” Audiomack (one of SoundCloud’s longtime competitors)took to Twitter on July 13 and shed some light on what they believe to be the missteps SoundCloud made during and after an unofficial partnership between the two companies. As it turns out, “Audiomack was actually behind many of the large play counts on SoundCloud." Their goal was to centralize plays on SoundCloud, garner artist exposure, and have everyone ...