SoundCloud looks doomed, but streaming is still soaring

Full financials from 2015 were released recently and, in a year when streaming really took off, SoundCloud’s losses continued to spiral. SoundCloud’s 2015 revenues grew 21.6pc to €21.1m in 2015, but its net losses accelerated 30.9pc to €51.22m in that time. – Gordon Hunt, Siliconrepublic.com http://ift.tt/2jtT948