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venturebeat.com - 3/27/2009
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Sure, the music industry — including music startups — are having trouble coming up with significant online music business models, but recent rumors circulating about imeem’s money problems appear to be exaggerated. The San Francisco company, which lets users create and share ...
techcrunch.com - 3/26/2009
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techcrunch.com —
Imeem , the free streaming music site backed
by Sequoia Capital, Warner Music and other prominent investors,...
is rumored to be in serious trouble. Music insiders are saying a shutdown of the company is imminent after a failed attempt to sell the ...
(more)
Troubles At Imeem, But Company Says No Shutdown Imminent
newteevee.com - 3/30/2009
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newteevee.com —
Hollywood and the major record labels have always
enjoyed a love-hate relationship with new media, alternating between...
roses and lawsuits for online entrepreneurs, if you will. Lately, it was looking a little like love was going to win. Hulu, after ...
(more)
Watch Out, Hulu: Big Media Getting Ready to Eat its Young
readwriteweb.com - 3/26/2009
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readwriteweb.com —
Popular but legally challenged MP3 search engine Seeqpod
will soon start charging developers for access to its...
data, according to a source close to the company. A lot of interesting music discovery sites are about to go quiet, at least for a little ...
(more)
Seeqpod to Developers: Say Goodbye to Free Music
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The Sorry State Of Music Startups
TechCrunch —
... to the labels that they couldn’t pay, and that they had failed to raise money or sell themselves. Not much information was shared, other than to say that the rumored $30 million owed to labels was too high. Now they tell VentureBeat that the number is in the single digit millions. ...
Watch Out, Hulu: Big Media Getting Ready to Eat its Young
NewTeeVee —
... There were also reports this week that San Francisco-based streaming music startup Imeem is in the red with the labels because of previously negotiated royalty rates. The company told VentureBeat that it owes the labels “in the single-digit millions,” and ...
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