12.07.2017 - 00:02 [ Reuters ]

SoundCloud flags music’s lopsided digital revival

(The rewards of music’s digital-streaming renaissance are unevenly spread. Big labels like Universal are booming, while listeners can access tens of millions of songs through relatively affordable services like Spotify. Yet as problems at Germany’s SoundCloud highlight, the loss-making streamers themselves have yet to prove they have an independent future alongside tech rivals such as Apple and Amazon.