Earlier this year, music discovery startup Exfm announced that it was closing its doors after four years and $2.75m of funding, blaming “the litigious nature of the music industry, which means every time we have any meaningful growth, it’s coupled with the immediate attention of the record labels in the form of takedowns and legal emails”. Later in January, it went back on that decision, promising to keep its website and apps going in case it could find someone to save the service. Yesterday, the company announced that it was finally shutting down. “While we were able to keep it running for a few more months, unfortunately that is no longer the case.On Monday, May 19th, 4 days from now, we are going to shut down Exfm,” explained its founders in an email to users. “This includes the website, mobile apps, extensions and API. We urge you to export your loved songs and sites now.” The email says that they’re not giving up on digital music though: “While we don’t have anything to announce today, we are confident we will very soon… we are very excited for what’s next and believe we will ultimately provide you with the best music service in the seven kingdoms.”
Tools: platforms to help you reach new audiences
Tools: Kaiber
In the year or so since its launch, AI startup Kaiber has been making waves,…