For months, popular music store Amie Street has kept a deal it forged with Songza, a media streaming service, under wraps. But this tweet (and a fair amount of research on our part) has uncovered the news: Amie Street acquired Songza back in October 2008, and planned to keep the deal under wraps until they were ready to announce whatever it is they have in store for the product.Amie Street co-founders Elias Roman and Joshua Boltuch confirm that the acquisition definitely took place, and Songza co-founder Scott Robbin has since become part of the 20-headed team based in New York. Songza's other co-founder, Aza Raskin, had earlier left to join Mozilla.
It's not exactly the best of times to be in the digital music space right now, particularly if you're a startup trying to build a legitimate business around an ad-supported music streaming service (look at what happened to Ruckus and SpiralFrog), but that's exactly where Amie Street is planning on taking Songza.
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[Source: TechCrunch - Posted by FreeAutoBlogger]
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