“Online Platforms need to show increases in revenue”
Clown Magazine© is part of the Clown Media Group© 2017
SoundCloud has been rescued from bankruptcy and near extinction with only one months of capital to keep them going by securing £135M ($170M) of investment.
Part of the deal will see foundering member and Chairman of SoundCloud Alexander Ljung stepping-
SoundCloud is based in Berlin, Germany, and has already laid-
New blood is coming-
Another new recruit in the management of SoundCloud is Mike Weissman whose job title will be Chief Operating Officer, like Kerry Trainor he also worked at Vimeo.
Like most online platforms the need to start getting a reasonable income to be able to provide the service for both user and consumer is something the tech-
Investors are becoming more cautious in giving money to tech-
Advertising is the main revenue stream for online platforms, but subscriptions is also another revenue stream that can increase income considerably.
Though, when you start-