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SoundCloud Sees Mounting Revenue Losses

SoundCloud nearly doubled its losses from 2013 to 2014, ars technica reports. “The Berlin-based audio social network has been the darling of independent producers and DJs worldwide who use it to share and comment on each other’s work,” it writes. “But like some startups, it has struggled to turn its massive user base into meaningful revenue.”

Read the whole story at Arstechnica »

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