Widgets are great for musicians, and not so bad for businesses, either
Two announcements this week show how some of those silly MySpace widgets and annoying Facebook applications are becoming real businesses.
First, the rock band R.E.M. is going to release its latest album Accelerate through iLike, streaming the entire album across iLike’s Facebook, Hi5 and Bebo applications and its other services. It is the first time that a band this large has released an album through iLike.
Second, widget service provider Gydget has struck a deal with indie music… Continue Reading
Gydget raises funding round for celebrity widgets
We recently covered widget-maker Gydget, when it switched over to the widget business from its previous incarnation as events site Attendio.
At the time, we mentioned that the company was seeking a fresh infusion of capital from its investors. It has now received the round, from investor SunBridge Partners, although it isn’t disclosing how much.
Gydget is a good example of a company that seems to have found a viable business plan in the course of an… Continue Reading
Attendio leaves event listings in favor of widgets
updated
After being a portal for events for less than half a year, Attendio has abandoned the the events industry, saying that market is too small. It has decided instead to become a widget-making company, jumping from one crowded industry to another.
It’s just the latest indication that the Web 2.0 market is bubbly, and raises questions about why VCs keep investing in the sector. The San Francisco company raised (see coverage) less than $1 million in… Continue Reading