{"id":2063,"date":"2024-01-18T12:16:42","date_gmt":"2024-01-18T12:16:42","guid":{"rendered":"https:\/\/prioridata.com\/?p=2063"},"modified":"2024-01-21T14:02:26","modified_gmt":"2024-01-21T14:02:26","slug":"soundcloud-revenue-user-statistics-2023","status":"publish","type":"post","link":"https:\/\/prioridata.com\/data\/soundcloud-revenue\/","title":{"rendered":"SoundCloud Revenue & User Statistics 2024"},"content":{"rendered":"\n

Founded by Alexander Ljung and Eric Wahlfross, SoundCloud is one of the most powerful tools, known for its massive independent music creator. <\/p>\n\n\n\n

Like Spotify and iTunes, SoundCloud lets users listen to anyone for free and upload tracks with their rights. Originally this platform was created for professional musicians, but over the years, it opened the door for all sorts of content creators. <\/p>\n\n\n\n

Presently, millions of creators distribute their music, beats, and demos with producers and singers through SoundCloud. Simply put, it’s a collaboration platform many artists use as the first step in their careers. <\/p>\n\n\n\n

As of 2022, SoundCloud was reported to have over 76 million subscribers with 120 monthly active users. The company announced its global revenue for 2020 of over $237 million<\/a>.<\/p>\n\n\n\n

This article will discuss the statistics and revenue usage to help you better understand SoundCloud’s target demographics, revenue, users, and more.  <\/p>\n\n\n\n

\"SoundCloud<\/figure>\n\n\n\n

SoundCloud Key Statistics <\/strong><\/h2>\n\n\n\n

During the initial years, SoundCloud grew at a surprising rate. The platform rose from 15 to 150 million registered users in just a few years. In 2018, the company reported generating $127 million<\/a>. <\/p>\n\n\n\n

But the creators of the platform struggled to generate income. In fact, many streamers do not receive anything for their stream. Over the years, the number of new music being uploaded on SoundCloud has drastically increased.   <\/p>\n\n\n\n

To become more competent, SoundCloud has made a few changes in its management. Here’s SoundCloud key statistics in brief: <\/p>\n\n\n\n