Mixcloud, London-claimed streaming service, achieved a deal with Warner Music. Mixcloud has 17 million monthly users and 12 million radio shows. Also, it was declared that Universal and Sony is interested in making deals with Mixcloud.
“We don’t want to do the $9.99 a month. That’s done. The market is served. What we’re building is going to be very customized. “ – Nico Perez, Mixcloud’s Co-Founder.
“A lean team, careful management of costs, and effective monetization of the platform can go a long way in keeping streaming services afloat.” – Nikhil Shah, Mixcloud’s Co-Founder and Commerical Director.
What do you guys think? Should SoundCloud be worried? Is MixCloud going to be the next big streaming service? Let us know in the comment section down below.