I haven’t followed Soundcloud for a while, but from what I remember it already wasn’t doing too well. To me this isn’t just the nail in the coffin, but potentially also a last breath money grab. Get some data, and sell it before going down.

Okay, complete shot-in-the-dark prediction here - I expect Newgrounds is gonna see an influx of musicians from this.

I am admittedly biased on this (I’m heavily active on there), but I do have precedent to point to - Tumblr’s NSFW ban in late 2018 led to a minor influx of artists in November, followed by a site-crashing influx in December, after the ban was officially announced.