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Digital
TuneWiki to close
By Chris Cooke | Published on Monday 24 June 2013
Lyrics service TuneWiki will shut down at the end of the month, the Santa Monica-based start up announced last week.
The company, which had deals in place with the major music publishers, was one of the first firms to provide an app within the Spotify player, and had launched various mobile and game-based spin-offs in a bid to capitalise on the popularity of its core services. However, despite raising a reported $10 million in finance over its six year history, it seems in the end TuneWiki management just couldn’t find a business model with long term viability.
In a blog post last week, CEO Larry Goldberg wrote: “TuneWiki has come a long way from its early days, when we pioneered the inclusion of scrolling lyrics with music playback. Over time we blossomed into a vibrant social music service that has been enjoyed by millions of music lovers. We saw countless examples of passionate and inspiring personal expression using lyrics and music as the foundation”.
He added: “We are excited by the many friendships built within our community that I believe will last for years, if not a lifetime. This is what we set out to build and we are very proud of what we created. Unfortunately, everything comes to an end sooner or later and now is the time for those of us who have worked so hard for so long to move on to other journeys”.
