British music service Bloom.FM has failed to lock in new investment, and is unplugging for good. It’s a story we have been following closely, notable for its quick ups and downs, and the incisive commentary of the company CEO. “Legal music needs to be more affordable,” Bloom’s official announcement concluded. Continue Reading
Last week British music service Bloom.FM abruptly shut down to new sign-ups when its sole investor withdrew funding. Bloom CEO Oleg Fomenko has been forthright and active on Twitter, raising hopes for new investment. We spoke to Oleg Fomenko about how the revival effort is going, and about his vision of a future in which music services can operate less precariously. Continue Reading
UPDATE: Not as dead as originally thought, according to Bloom’s CEO. British streaming-music service Bloom.fm abruptly went out of business after its primary investor withdrew funding, according to Bloom’s Tumblr blog announcement. Bloom.fm had been operating for a little over one year, and had acquired 1.1-million registered users. Continue Reading
Bloom.FM, an on-demand music app, report-tweeted it has been knocked out of the iTunes Radio ad rotation after spending 2,000 British pounds a month on commercials for its service. Bloom.FM spokespeople are enjoying their new image as a prospective iTunes Radio killer. Continue Reading
Bloom.fm, a British subscription music service that launched almost exactly a year ago, reached 500,000 registered users. Bloom operates a freemium model with a no-charge service supported by three subscription levels, the least expensive of which costs one British pound… Continue Reading