Soundcloud truths are coming out.
Audiomack had some harsh words for Soundcloud yesterday after news broke of their alleged financial difficulties.
In a mini Twitter rant on Thursday, Audiomack suggested that Soundcloud's commitment wasn't to their artists, but instead to their shareholders and investors first and foremost. They also claimed that the streaming giant rebuffed them when they tried to make streams and potentially revenue generation, more centralized for the artists that used the platform to share their work with the world.
After the initial announcement of layoffs, Soundcloud co-founder Alex Ljung stated that the act of cost-cutting was for the benefit and competitive advantage of artists going forward.
Check out Audiomack's tweets below.
IT’S TIME TO CLEAR THE AIR ABOUT SOUNDCLOUD. THREAD:— Audiomack (@audiomack) July 13, 2017
We use to work w/ Soundcloud to support our mutual users until they decided cut off the partnership.— Audiomack (@audiomack) July 13, 2017
We knew by allowing artists to use Soundcloud to create song posts on audiomack that we’d be enabling SC but we still put artists 1st anyway— Audiomack (@audiomack) July 13, 2017
We offered to pay Soundcloud to allow artists to use their API - so artists can centralize their plays while using our support & reach— Audiomack (@audiomack) July 13, 2017
They declined our offer. They put their bankers and venture capitalists needs over the artists who helped build their platform.— Audiomack (@audiomack) July 13, 2017
We respect Soundcloud and what they built, but they lost sight of what’s really important, the artist.— Audiomack (@audiomack) July 13, 2017