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Music Business Report Marks 80% Profit Increase for Soundcloud

H/T: https://www.musicbusinessworldwide.com/soundcloud-revenue-grew-80-to-top-100m-in-2017-as-losses-narrowed-27/

Higher-ups at Soundcloud predicted a turnaround after a rough couple of years for the company but many will still be surprised to see such a growth in such a short period. These figures are important as they offer hard evidence that Soundcloud as a platform remains a valuable tool for industry users and consumers alike.

 

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