Turntable.fm To Shut Down: $7M and Celebrity Investors No Match For Music Licensors

(UPDATE) After two years and $7 million, Turntable.fm is shutting down on December 2nd. The team will concentrate on its newer Turntable Live interactive online concert platform. Once again, the. Continue reading

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Last Week’s Most Read Posts On Hypebot

Fumbled Lady Gaga Release Could Cost Interscope $25 Million OP ED: Why Artists Should Not Use Tunecore Major Layoffs At Rdio World's Best Paid Musicians [Full List] The Musician As A Startup. Continue reading

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Getting It Done: The Week In D.I.Y. & Indie Music

Between Art and Business: A Musician As A Startup When Asked To Play For Free These Musicians Had Sharp Comebacks TuneCore Partners With INDMUSIC To Monetize YouTube Videos TuneGO Building. Continue reading

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REWIND: The New Music Industry’s Week In Review

Lady Gaga's ARTPOP Sells 75% Less In Debut Week Than "Born This Way", Fumbled Lady Gaga Release Could Cost Interscope $25 Million Rdio Laying Off Staff, "Huge Percentage Of Rdio. Continue reading

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Top Exec Admits Facebook Isn’t Cool, But Swears Teens Aren’t Dumping Them

Starting in May, a variety of studies have shown that teens are cooling to Facebook.  "We did see a decrease in daily users specifically among younger teens," CFO David Ebersman confirmed during a. Continue reading

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Shazam Finds More Ways To Increase Music Sales With Top Charts In Amazon’s MP3 Store

Earlier this year Shazam shared the eye opening news that Shazam users are heading over to digital stores and buying up to $300 million worth of music a year. Now. Continue reading

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Kim Dotcom’s Music Service “Baboom” Set To Soft Launch In January

Kim Dotcom, known primarily for the long-gone Megaupload, the doing quite well Mega and public theatrics that would make PT Barnum proud, says he's set to soft-launch his new music. Continue reading

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SoundCloud Adds Explore With Trending Music and Lean Back Discovery

Yesterday SoundCloud introduced Explore, a discovery feature that should help connect more listeners with artists using SoundCloud though a more prominent homepage position would be a nice touch. It's available. Continue reading

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Microsoft In Talks To Acquire AOL’s Winamp and SHOUTcast

Earlier this week, it was announced that AOL was shutting down media player Winamp. But a new report says that Microsoft is in talks to purchase both Winamp and media. Continue reading

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Spotify Raises Another $250 Million At $4 Billion Valuation

Spotify has raised another $250 million in a new funding round led by Silicon Valley firm Technology Crossover Ventures. Investors are now placing the valuation of  the music streamer somewhere. Continue reading

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CONFIRMED: Deezer To Launch In U.S.

Deezer will launch in the U.S. in 2014, the company has confirmed. “2014 will be an American year for us,” the music streamer's co-founder Daniel Marhely told French newspaper LaFigaro.  Marlhey did. Continue reading

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