Brad HillBloom.FM expires for good as time runs out for new investment
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.
Bloom.FM CEO Oleg Fomenko talks to RAIN about Bloom’s revival and the streaming music business
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.
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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.
Bloom.FM banned from advertising on iTunes Radio, enjoys idea of being a threat
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.
Two non-U.S. music services make gains
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…
