Online radio platform Mixcloud announced that more than 1 million uploaders have contributed radio shows, DJ mixes and Podcasts to the service. Collectively they’ve made more than 10 million shows available for streaming. On average, listeners stream more than 2 million unique shows monthly.
The lean 15 member team at the 8 year old London and New York based startup has never taken a dime of funding while at the same time paying music licenses from the time it launched. Income is generated from brand partnerships with the likes of Red Bull, Adidas and Coca Cola.
Source: Mixcloud Attracts 1 Million Music Curators With Royalties Paid, No Venture Funding – hypebot