SoundCloud to cut staff amid rivalry with Apple Music and Spotify

Music platform SoundCloud said today it would cut about forty percent of its workforce, or 173 staffers, a move that highlighted the German company's inability to create a stable business model on top of its large audience of 175 million listeners.

In January, SoundCloud said it was at risk of running out of money while a subscription tier launched last year hasn’t been as successful as the company's executives hoped.

Offices in San Francisco and London will be shut as SoundCloud will consolidate operations at its headquarters in Berlin and another office in New York. The cost-cutting move should put it on a path to profitability and allow it to better compete against larger rivals Apple and Spotify.

“We need to ensure our path to long-term, independent success,” said SoundCloud co-founder and CEO Alex Ljung. “And in order to do this, it requires cost cutting, continued growth of our existing advertising and subscription revenue streams and a relentless focus on our unique competitive advantage—artists and creators.”

He said SoundCloud has doubled its revenue over the past 12 months.

SoundCloud is the popular destination for sharing independent recordings, mixes, podcasts and other user-generated audio content. Even established stars post material to the site before it’s released elsewhere while record labels use it to scout new talent.

SoundCloud is available in 190+ countries and has an excellent iPhone and iPad app. A recent report in the New York Post alleged that Apple was among those looking to acquire the firm.

Apple said at the Worldwide Developers Conference on June 5 that its music-streaming service had 27 million paying customers. Spotify announced around the same time that it had a total of 140 million users, of which 50 million were paid subscribers.

Spotify has gone cold on rumored SoundCloud deal

Spotify, the world's top on-demand music service, is not buying Berlin, Germany-headquartered audio distribution platform SoundCloud after all, TechCrunch has learned.

Spotify has reportedly given up on its latest effort to buy SoundCloud realizing, after months of talks, that any such deal would probably negatively impact its impending initial public offering (IPO) and expected expansions in China, Russia and South Korea.

Spotify said to be in advanced talks to buy SoundCloud

Spotify is in advanced talks to acquire SoundCloud, reports the Financial Times. The streaming music service believes the buyout could help it better compete with competitors like Apple Music thanks to its large library of exclusive and user-created content.

SoundCloud launches ad-free $9.99 subscription service with offline playback

SoundCloud, a Berlin, Germany-based global online audio distribution platform, today pushed a major update to its free audio streaming application for the iPhone, iPod touch and iPad which includes support for the company's freshly announced paid subscription music service, dubbed Go.

Priced at $12.99 per month through Apple's In-App Purchase mechanism or $9.99 on the web, Go offers SoundCloud listeners an expanded catalog of tracks, as well as new features and new functionality in the app.

Go is now available in the U.S. via the updated SoundCloud app and on the web.

SoundCloud update adds more functionality to playlists and new ‘related tracks’ feature

SoundCloud updated its iOS client this morning, bringing the app to version 3.10.1. The company says the update "significantly upgrades the listening experience," bringing about more functionality for playlists, the ability to shuffle your Likes, and a new 'related tracks' feature.

With the new playlist capabilities, you can now shuffle and edit your playlist within the mobile app. When SoundCloud redesigned its iPhone app last summer, it removed these and several other features, and it has since been re-adding them through a series of iterative updates.

SoundCloud for iOS gains shuffling, related tracks, sharing improvements and more

SoundCloud, a Swedish online audio distribution platform based in Berlin, today issued a refresh to its gorgeous iPhone and iPad application, in time for the summer.

SoundCloud 3.10.0 for iOS now lets you play related tracks, shuffle liked tracks and audio files in your playlists, add or remove tracks directly from your playlists, plus share directly from the search screen and your list of liked tracks.

Tweetbot’s iOS app gains alerts for Quoted Tweets, support for longer Direct Messages and more

About ten days since Tweetbot for OS X brought these new features to the Mac, now Tweetbot for iPhone and iPod touch has picked up support for notifications related to Twitter’s new embedded quoting feature while laying groundwork for longer Direct Messages, a feature Twitter announced almost a month weeks ago but has yet to enable on its end.

Also, Tweetbot 3.6.2 for Mac now produces crisper video thanks to improved video upload quality.

SoundCloud for Apple Watch is here

An update Monday to SoundCloud's free of charge iPhone and iPad application has added an Apple Watch component allowing you to listen to user-submitted music and audio right from your wrist, identify songs playing from your iPhone and more.

“The new app makes it even easier for you to hear the freshest tracks when you’re out and about, from your daily to commute to going out for a run,” Germand developers noted.