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Rob Wells, the former surfer turned music exec, was among the first in the industry to cheer Spotify. In an interview with CNET, Wells says that embracing new business models has paid off.
E-mail exchanges between SpiralFrog managers and financiers, obtained by CNET News, shed a bit more light on power struggles and frustrations over the company.
Before the doors closed at the once-promising start-up, money got tight, and the payroll went unpaid. Management squabbles made a bad situation even worse.
Records show that the founder used a copy of users' e-mails to help compensate at least one former salesperson, who then sold the list.
Michael Nash, Warner's outgoing digital chief, says you bet the industry stumbled at times in the digital era but it's pointed in the right direction now: toward the cloud.
Some investors of shuttered site are questioning how assets are being sold. At the same time some users are angry about losing their music.
Was it the death of LimeWire, lower prices, Adele's skyrocketing popularity, or Amazon's big discount of Lady Gaga that halted a seven-year decline in album sales?
The influence of music publishers is growing, and one man is leading them to what they hope is more digital music dollars.
Pandora, the online radio station and music recommendation service, went public today and investors were getting frothy. But the company has too little going for it to justify investment.
A group that loaned funds to the now defunct ad-supported music service will get any money generated from asset liquidation.