SPOTIFY IN TALKS WITH SOUNDCLOUD TO PURCHASE MUSIC PLATFORM [NEWS]

spotify-vs-soundcloud

Photo By: Bambootelegraph

SPOTIFY TO BUYOUT SOUNDCLOUD’S MEGA DJ MUSIC SERVICE

Todays big news is about to change the streaming and downloading game in music.

Rumor has it, music streaming platform, Spotify, is in negotiations to purchase the rights to Soundcloud and all of it’s content. This is a huge topic since Soundcloud was one of the first platforms to offer new musicians, artists, and DJ’s an outlet to release music for FREE.

Over the years, Soundcloud has tightened up their policies and analytics to prevent users from encroaching on copyright infringement, illegal downloads, and the “three-strike” rule. They’ve even started implementing ad generators to their service, causing upcoming DJ’s and producers to use other platforms, like Mixcloud, to release their music.

Soundcloud founders and investors have quoted the company at almost $1 billion, but the negotiation is ongoing and an agreeable price is still pending.

Cannes Lions 2016 : Day Five
CANNES, FRANCE – JUNE 22: Daniel Ek, founder and chief executive officer of Spotify, attends the Cannes Lions 2016 on June 22, 2016 in Cannes, France. (Photo by Antoine Antoniol/Getty Images)

Photo By: Spotify CEO Daniel Ek / Photo by Antoine Antoniol/Getty Images

“First, while both SoundCloud and Spotify have large user bases, Spotify has only 75 million active users compared to SoundCloud’s more than 175 million monthly listeners.”

– Tech Crunch

Stay updated on all DJ related topics via our social media Twitter page: @The_DJs_Tribune

Self portrait Noah Saltz social

  • As a 6 year open format DJ from the Chicago area, my experiences include festivals, nightclubs, and all different types of events in the music industry.
  • I currently work as an independent DJ/Social Media Specialist in Las Vegas, NV. You can follow me @NoahSaltz on TwitterInstagramSoundcloud
  • Visit: noahsaltz.com for more infomation.

LABELS & KEYWORDS

Me: Noah Saltz, DJ, Producer, Music Producer, Chicago, Las Vegas, Music Blog Editor

Article: Pitchfork

Topics & Industries: Spotify, Soundcloud, Music Streaming Services, Tech Crunch

Target Market: Teens & Young adult musicians, Music fanatics, EDM producers, Radio/Club DJ’s, Music Business

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