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Photo by Daniele Zedda

Poll: How Do You Listen To Your Favorite Music?

Photo by Daniele Zedda

Photo by Daniele Zedda

In today’s ever-changing spectrum of technology, there are several ways one can listen to their favorite music, ranging from vinyl to mp3, online streaming to CDs and yes even the age-old radio!

We would like to know what YOU, our readers, use to listen to your favorite music. You may choose more than one option if you use two or more of the mediums listen below.

How do you listen to your favorite music?

Soundcloud

SoundCloud’s Future Bleak After Reporting $44m Losses

Soundcloud

Throughout the last couple of years, SoundCloud has began attempts of monetizing their popular music platform by striking deals with record labels and music groups, including Merlin, a “Global Music Rights Agency” representing over 20,000 independent labels, Warner Music Group, and more recently with giants Universal Music Group.

A recent alarming Music Business Worldwide report, however, has shed light as to SoundCloud’s overheads and how those figures are by far out-shadowing the company’s revenue of recent years. The company’s 2014 financials paint a clear picture: While revenue reached $17.35m, the company’s losses were reported at $44.19m with employee wages increasing 42.5% to 20.3m – an average of $90,785 wage per employee. The report goes on to further specify that “in the three years from 2012-2014, SoundCloud lost almost €75m – but only brought in €37m in income.” Read more