The Next Web considers the bright life and premature death of social music startup Turntable.fm, which will stream its last dance this week. “Fans have used Turntable to create 1 million virtual
DJ rooms and play more than 400 million songs -- but it hasn’t made for much of a business,” TNW reports. In a blog post, its founders lament: “The cost of running a music service
has been too expensive … and we can’t outpace it with our efforts to monetize it and cut costs.”
Read the whole story at The Next Web »