SoundCloud - A Twitter Product....Hows sounds it...
As per report from recode,
Twitter is mulling plans to buy the German-based music-sharing service SoundCloud to fuel growth at the social network.
The company is considering a deal to acquire SoundCloud,
the music and audio-sharing company, according to people familiar with both companies.
Berlin-based SoundCloud is a free service that lets users upload and share audio files around the Web;
it likes to describe itself as the “YouTube for audio.”
In October 2013, the company announced that it had 250 million users.
arlier this year, SoundCloud announced a $60 million funding round that valued the company at $700 million.
Last fall, as Twitter was preparing to go public, it acquired mobile ad company MoPub in a deal that valued that company above $300 million.
A deal would also be Twitter’s second attempt to take advantage of the fact that some of its users talk about music and share links to songs they like.
Last year, Twitter launched a stand-alone Twitter Music app, but the service never took off, and Twitter killed the app in March.
The two are already linked in several ways.
Twitter’s users frequently pass along SoundCloud links in their messages;
earlier this year, a survey found that Twitter users share SoundCloud links more than any other music service,including Spotify.
#SoundCloud #Twitter #YoutubeAudio #music #sharing
Twitter is mulling plans to buy the German-based music-sharing service SoundCloud to fuel growth at the social network.
The company is considering a deal to acquire SoundCloud,
the music and audio-sharing company, according to people familiar with both companies.
Berlin-based SoundCloud is a free service that lets users upload and share audio files around the Web;
it likes to describe itself as the “YouTube for audio.”
In October 2013, the company announced that it had 250 million users.
arlier this year, SoundCloud announced a $60 million funding round that valued the company at $700 million.
Last fall, as Twitter was preparing to go public, it acquired mobile ad company MoPub in a deal that valued that company above $300 million.
A deal would also be Twitter’s second attempt to take advantage of the fact that some of its users talk about music and share links to songs they like.
Last year, Twitter launched a stand-alone Twitter Music app, but the service never took off, and Twitter killed the app in March.
The two are already linked in several ways.
Twitter’s users frequently pass along SoundCloud links in their messages;
earlier this year, a survey found that Twitter users share SoundCloud links more than any other music service,including Spotify.
#SoundCloud #Twitter #YoutubeAudio #music #sharing
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