Goom channels $16M for user-generated online radio
Online radio stations have been taking a hit lately, with record companies cracking down on streaming copyrighted material. But Goom Radio, a new internet radio startup, has decided to take its chances, relying largely on user-defined playlists — much like its peer Pandora Radio. And despite steep odds, it just nabbed $16 million in first-round funding to roll out its service in the U.S. and beef up its advertising sales.
Goom lets users pick and choose… Continue Reading