Comments on: Snocap, music-licensing company, lays off 60 percent of staff http://venturebeat.com/2007/10/12/snocap-music-licensing-company-lays-off-60-percent-of-staff/ News About Tech, Money and Innovation Wed, 25 Nov 2009 02:38:13 +0000 http://wordpress.org/?v=2.8.5 hourly 1 By: Dan-O http://venturebeat.com/2007/10/12/snocap-music-licensing-company-lays-off-60-percent-of-staff/comment-page-1/#comment-862599 Dan-O Thu, 26 Mar 2009 08:03:36 +0000 http://venturebeat.com/2007/10/12/snocap-music-licensing-company-lays-off-60-percent-of-staff/#comment-862599 Interesting, I just ran into this post and looking back to a couple of years ago is around when the SNOCAP music selling widget started on myspace. It turns out that the customer service was terrible and artists have tons of complaints of bad accounting. I guess laying off 1/2 the company will have that effect on your ability to do business properly.<br><br>Dan-O<br><a href="http://www.danosongs.com" rel="nofollow">http://www.danosongs.com</a> Interesting, I just ran into this post and looking back to a couple of years ago is around when the SNOCAP music selling widget started on myspace. It turns out that the customer service was terrible and artists have tons of complaints of bad accounting. I guess laying off 1/2 the company will have that effect on your ability to do business properly.

Dan-O
http://www.danosongs.com

]]> By: Music publishing: Kobalt banks on broadening revenue streams for artists » VentureBeat http://venturebeat.com/2007/10/12/snocap-music-licensing-company-lays-off-60-percent-of-staff/comment-page-1/#comment-795341 Music publishing: Kobalt banks on broadening revenue streams for artists » VentureBeat Fri, 15 Feb 2008 21:43:45 +0000 http://venturebeat.com/2007/10/12/snocap-music-licensing-company-lays-off-60-percent-of-staff/#comment-795341 [...] company cut 60 percent of its workforce, but not before taking in $25 million in funding. Snocap, who we last wrote about in October, changed its business model radically: It started out helping artists to set licensing terms, [...] [...] company cut 60 percent of its workforce, but not before taking in $25 million in funding. Snocap, who we last wrote about in October, changed its business model radically: It started out helping artists to set licensing terms, [...]

]]> By: Imeem to acquire flailing music company Snocap? » VentureBeat http://venturebeat.com/2007/10/12/snocap-music-licensing-company-lays-off-60-percent-of-staff/comment-page-1/#comment-791940 Imeem to acquire flailing music company Snocap? » VentureBeat Wed, 13 Feb 2008 23:47:21 +0000 http://venturebeat.com/2007/10/12/snocap-music-licensing-company-lays-off-60-percent-of-staff/#comment-791940 [...] San Francisco-based Snocap, which wanted to let bands set their own licensing terms for music downloaded on the Web, is best known as the company started by Napster co-founder Shawn Fanning, although Fanning has since left to found gaming company Rupture. Struggling to find a business model, Snocap cut its staff by 60 percent in October, and was rumored to be up for sale. (our coverage) [...] [...] San Francisco-based Snocap, which wanted to let bands set their own licensing terms for music downloaded on the Web, is best known as the company started by Napster co-founder Shawn Fanning, although Fanning has since left to found gaming company Rupture. Struggling to find a business model, Snocap cut its staff by 60 percent in October, and was rumored to be up for sale. (our coverage) [...]

]]> By: Snocap Hits Hot Air and nosedives | TechWag http://venturebeat.com/2007/10/12/snocap-music-licensing-company-lays-off-60-percent-of-staff/comment-page-1/#comment-575962 Snocap Hits Hot Air and nosedives | TechWag Fri, 12 Oct 2007 18:52:17 +0000 http://venturebeat.com/2007/10/12/snocap-music-licensing-company-lays-off-60-percent-of-staff/#comment-575962 [...] Snowcap is reportedly laying off 60% of its work force, and putting the company up for sale. The sad part is just as the defection of big name bands from Madonna to Radio Head will have a major influence on the music industry, it is looking like too little and too late for Snowcap. Valleywag looks like the winner in the scoop, quickly followed by CNet and Venture Beat, and Venture Beat reports: The San Francisco company has struggled to define a business model amid quick change in the industry, and recently had moved into new areas, setting up online stories for musicians at various sites. It said its technology can track the usage of music online, and ensure that it is being licensed properly, according to copyright. The stores were a way for musicians to sell the music. A good idea, but a fragile one considering it needed to find a way to make money from it. Source: Venture Beat [...] [...] Snowcap is reportedly laying off 60% of its work force, and putting the company up for sale. The sad part is just as the defection of big name bands from Madonna to Radio Head will have a major influence on the music industry, it is looking like too little and too late for Snowcap. Valleywag looks like the winner in the scoop, quickly followed by CNet and Venture Beat, and Venture Beat reports: The San Francisco company has struggled to define a business model amid quick change in the industry, and recently had moved into new areas, setting up online stories for musicians at various sites. It said its technology can track the usage of music online, and ensure that it is being licensed properly, according to copyright. The stores were a way for musicians to sell the music. A good idea, but a fragile one considering it needed to find a way to make money from it. Source: Venture Beat [...]

]]> By: Blog Feeds about Music » Archive » Snocap, music-licensing company, lays off 60 percent of staff http://venturebeat.com/2007/10/12/snocap-music-licensing-company-lays-off-60-percent-of-staff/comment-page-1/#comment-575668 Blog Feeds about Music » Archive » Snocap, music-licensing company, lays off 60 percent of staff Fri, 12 Oct 2007 14:40:38 +0000 http://venturebeat.com/2007/10/12/snocap-music-licensing-company-lays-off-60-percent-of-staff/#comment-575668 [...] You can read the rest of this blog post by going to the original source, here [...] [...] You can read the rest of this blog post by going to the original source, here [...]

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