MusicTank has closed after 15 years of providing music industry data and analysis. The sudden closure appears to have come after funding ran out and was announced on Twitter and the organization's web site.
"After 15+ incredible years, with profound sadness I am sorry to announce that MusicTank is closing," wrote Jonathan Robinson, Programme Director, MusicTank. "This closure is with immediate effect and its website will no longer be updated, but remain for archive purposes."
After 15+ incredible years, sad to say MusicTank is closing. Thanks to everyone who supported us as event attendees, report buyers, subscribers, sponsors, members, research clients, and to @UniWestminster @uw_mad for having the wisdom to fund us. https://t.co/3ishgshSo0 pic.twitter.com/2d33A9ylze— MusicTank (@MusicTank) November 5, 2018
The UK based think tank has served as a valuable resource during a period of upheaval and transition from physical to digital and eventually streaming.