What Does Upload Mintues Mean in Soundcloud
Insightful SoundCloud Stats and Facts to Be Prepared for 2022
- Last updated on December 29, 2021
- Georgi Todorov
Table of Contents
SoundCloud is more than than just a music streaming platform. They besides empower independent artists to connect with music lovers effectually the world by giving them the opportunity to upload, share, and monetize their work.
SoundCloud has inverse a lot since they started in 2007, and here are a couple of facts that show just how much they've impacted the music industry.
Key SoundCloud Stats and Facts
- SoundCloud currently has 175 million monthly listeners. Although this is lower than their peak in 2014 (they had around 275 million agile users), they are however the 10th most used music streaming platform in the US.
- Seventy-six million users currently have a paid SoundCloud account.
- 86% of users listen to music on their phones, while 52% heed on their laptops.
- Considering SoundCloud allows independent artists to upload their piece of work, there are currently over 265 million tracks on the platform. This is considerably college compared to other music streaming platforms such as iTunes (75 1000000 tracks) and Spotify (70 million tracks).
- Before signing with a record label, many musicians started their careers on SoundCloud, including Billie Eilish, Khalid, Post Malone, Chance the Rapper, and Megan Thee Stallion.
- SoundCloud donated $15 million to help musicians that were impacted by the COVID-xix pandemic.
SoundCloud Usage Statistics
- Most traffic to the site or mobile app comes from the US (27%), followed by the UK (half-dozen%), Germany (5%), and France (three%).
- 69% of Soundcloud's American user base of operations is betwixt the ages of 18 and 29. People above the age of 45 only make up 10% of listeners.
- The average household size of most SoundCloud followers is iii people. 17% of listeners have 5 or more people living in their house.
- Men are more likely to listen to SoundCloud or to have a SoundCloud account. Only 33% of users are female.
- The area where most listeners live is almost split betwixt town and rural locations (48%) and urban cities (52%).
- The almost played genres of music on the SoundCloud app in the The states are hip hop and R&B (sixty%), one-act (54%), and pop (45%).
- The least played genres include religious music (16.ii%), world music (16%), and documentary-style content (19%).
- Out of the 30 1000000 artists on the streaming platform, only 48% are listened to past users each month. Unfortunately, that means the majority of musicians are unplayed.
- lx% of users find SoundCloud via direct browser visits. Other traffic sources include search (17.8%), social media (9.five%), and referrals (2.5%).
- The average SoundCloud user spends only 3 minutes and 48 seconds a day listening to music. Nonetheless, 30% of users are frequent listeners, logging over 11 hours a week on the site or app.
Fiscal SoundCloud Statistics
- SoundCloud's about recent valuation in 2021 was over $900 million.
- Yet, SoundCloud wasn't always a fiscal success. Their first profitable quarter since the company was founded was in Q4 of 2019 after they made over $200 million.
- SoundCloud was the quaternary highest acquirement earning app in the iTunes store in 2020 subsequently Pandora, YouTube Music, and Amazon Music.
- In 2017, SoundCloud nigh went bankrupt and had to lay off 40% of the company and close down two of their main offices – San Francisco and London.
- SoundCloud's acquirement grew by eighty% from 2016 to 2017, the most significant financial increase the company has seen. During this time, SoundCloud was valued at $one billion.
- To salvage SoundCloud from bankruptcy in 2017, The Raine Group and Temasek invested a total of $169.v million into the streaming service.
- Sirius XM invested $75 1000000 in 2020, bringing the visitor's total funding amount to $5.5 million.
SoundCloud Statistics About Growth
- Every minute, 12 hours of new music and audio are uploaded to SoundCloud's platform.
- For listeners, SoundCloud currently offers two different membership packages – SoundCloud Go and SoundCloud Go+.
- Creators must as well create an account to upload their music. They can choose between iii pricing plans – SoundCloud Free, SoundCloud Pro, and SoundCloud Pro Unlimited. Artists tin also pay for the SoundCloud Premier plan for promotion and monetization.
- SoundCloud has made two acquisitions since 2007. They bought music management startup Instinctiv in 2012 and a distribution channel company chosen Repost Network in 2019.
- Effectually eighty,000 artists take used the Repost Network to distribute their music across the web.
FAQ
How much does SoundCloud pay artists?
It is reported that artists tin make a net revenue share of 55% for the songs they share with the streaming service. Just, in order for musicians to become paid, they will need to sign upwardly for the SoundCloud Premier membership plan, which requires that they accept at to the lowest degree 500 plays per month. SoundCloud also pays artists fan-powered royalties, which are calculated by the length of time a fan spends listening to a song.
Is information technology free to put music on SoundCloud?
Users with a free account can upload up to three hours of music. Pro users tin can upload up to six hours, and Pro Unlimited users have no restrictions when information technology comes to the length or amount of uploads. However, creators must sign up for either the Pro or Pro Unlimited accounts to make coin from their uploads.
What's the difference between the Go and Go+ listener accounts?
Information technology's completely gratuitous for users to listen to music on SoundCloud, although information technology'due south also possible to upgrade to a paid membership for actress benefits. The SoundCloud Get plan offers offline listening and an advertizing-free music experience. SoundCloud Go+ also provides college sound quality and exclusive access to SoundCloud'due south entire music catalog in add-on to the features from the Go account.
Conclusion
SoundCloud is an excellent platform for both music lovers and music creators. Although it may not be equally popular as other streaming platforms in the world, its artist-first mentality and monetization options requite it a unique border over many other competitors.
Georgi Todorov is the founder of ThriveMyWay, a website dedicated to education successful digital marketing strategies. Georgi is regularly chosen upon by companies seeking to develop and enhance their SEO and link-building strategies in social club to reach hockey stick growth. When Georgi isn't working, you lot can notice him getting close to nature, learning online or traveling.
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