Thing 11: Play with Pandora, LastFM, or other online radio sites.

I love Pandora! Users enter a song or artist that they enjoy, and the service responds by playing selections that are musically similar. Users provide feedback on the individual song choices — approval or disapproval — which Pandora takes into account for future selections.

For a while, Pandora was wavering as to whether or not it could last since there was a significant Internet radio loyalty hike that SoundExchange pushed through.

1) “Unlike its Blighty-based rival Last.fm, Pandora’s venture capitalist backers have yet to see a return on their repeated investments with a big media buyout. Last.fm was swallowed by the CBS conglomerate for $280m last year. Although it has its own licensing problems, the credibility and long-term stability of its sugar daddy has helped the site prosper.
Pandora’s failure to attract a similar cash-rich buyer now seems terminal, despite its popularity with users.
Attempts are being made to win a stay of execution by renegotiating the royalty rate, but Westergren seems
resigned. “We’re funded by venture capital,” he said. “They’re not going to chase a company whose business
model has been broken. So if it doesn’t feel like its headed towards a solution, we’re done.”

Pandora is by no means alone in its inability to profit from “free” content. Even Google, the undisputed champ of web advertising, runs YouTube as a loss leader; a net cost useful only for attracting search traffic.”
1) http://www.theregister.co.uk/2008/08/18/pandora_shutdown_possible/

Last.fm is more social but I don’t know if one can break out of old standby ruts or get away from just clinging to the same old, same old.

I also found another site that is really good for when I’m editing the website, making slides, etc. di.fm Digitally Imported – Electronic & Dance Music Radio 24/7. I like trance music for background music when I’m writing or otherwise just wanting something that is mindless.

Fun!!!!

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Published in: on October 30, 2008 at 9:29 pm  Leave a Comment  

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