The death of a frog…and a rise of a spot…
March 29, 2009 by Kine
Two years before Spotify, SpiralFrog was supposed to become the next big thing in the music downloading service. This was the first web site that was entirely supported by advertising, allowing free download of its music. But the most of things that could go wrong went wrong. This month the company declared bankrupt, and the website has now disappeared.
SpiralFrog got much attention when they started, in 2007, because they had concluded an agreement with Universal Music, the world’s biggest record company in a time when many looked for an alternative for services that offered songs for cheap money. Some of the media predicted that SpiralFrog could battle against iTunes, and be an alternative to the illegal downloading sites.
Experts are now asking if the business model of giving away music for free has failed. Another advertising financed service, Ruckus, has also recently shut down because of the failing of financial income.
Great post Kine! I love Spotify! It is totally awesome, nothing more to say! Happy Easter! I am going home tomorrow(nice), hope to see you soon! take care.
I agree with you about the free is outdated its just the part of the music, it seems to be attracting people by giving them free a small part, the recent economic recession impact on all and every kind of business so ultimately the music company as well.