Bloom.fm investor shuts down the business; CEO blames costs [UPDATE]
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
