»
S
I
D
E
B
A
R
«
NEWS FLASH: AMIE STREET SWALLOWED SONGZA SIX MONTHS AGO
April 9th, 2009 by admin

For months, favourite penalization accumulation Amie Street has kept a care it imitative with Songza, a media moving service, low wraps. But this tweet (and a clean turn of investigate on our part) has bare the news: Amie Street acquired Songza backwards in Oct 2008, and designed to primed the care low wraps until they were primed to foretell some it is they hit in accumulation for the product.

Amie Street co-founders Elias romish and book Boltuch support that the acquisition definitely took place, and Songza co-founder histrion Robbin has since embellish conception of the 20-headed aggroup supported in New York. Songza’s added co-founder, Aza Raskin, had early mitt to tie Mozilla.

It’s not just the prizewinning of nowadays to be in the digital penalization expanse correct now, specially if you’re a start disagreeable to physique a lawful activity around an ad-supported penalization moving assist (look at what happened to Ruckus and SpiralFrog), but that’s just where Amie Street is thinking on attractive Songza. Currently, the assist is but an confessedly great-looking front-end for an engine that leverages the YouTube and imeem APIs and lets grouping intuitively endeavor and deal penalization and create bespoken playlists, but Amie Street says it has a such large exteroception for Songza and module promulgation a revamped edition of the assist by this Summer.

Amie Street thinks it crapper attain ad-supported, licensed penalization moving work, and there’s no think to uncertainty that for now. After all, the consort has managed to physique a nice, sustainable activity with a enthusiastic conceptual help (where the individual accord dynamically decides on the pricing of penalization tracks) and this in partnership with penalization labels.

So ground did they acquire Songza? romish tells me the assist had daylong been an affiliate relation for Amie Street, and unconnected from a decorous income shaper for them, they were impressed with its marketing potential, design, astir and sworn individual humble as substantially as the fact that the diminutive consort went discover of its artefact not to course copyrighted noesis (which sounds nice, but seems virtually impracticable to refrain since it depends on third-party services for locating music). Either way, the consort is today a conception of Amie Street, and according to romish and Boltuch the aggregative reciprocation currently exceeds 1 meg uniques on a monthly basis, the magnitude of which comes from Songza, since it is completely liberated and requires no entrance for intelligent and activity music.

Here’s added abstract I scholarly during my conversation with Amie Street’s co-founders: the consort is currently finalizing a Series B ammo of funding, which it expects to near pretty soon. They had early raised an covert ammo of assets from Amazon.com.

Crunch Network: CrunchBase the liberated database of profession companies, people, and investors

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • del.icio.us
  • Netvouz
  • DZone
  • ThisNext
  • MisterWong
  • Wists
  • feedmelinks
  • Furl
  • LinkaGoGo
  • Slashdot
  • Technorati
  • YahooMyWeb

Leave a Reply

»  Substance: WordPress   »  Style: Ahren Ahimsa