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Songbird Sings Its Last Tune As Music Service Runs Out Of Money And Plans To Shut Down June 28

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http://techcrunch.com – Songbird, an early digital music service that aimed to compete against the iTunes, Pandoras and Spotifies of this world with an open source platform, is shutting down on June 28, after running out of money and failing to find a buyer. The startup, backed by Sequoia, Atlas Venture and Phillips, had raised at least $11 million and is planning to formally announce the news on its own site later today. “Unfortunately, the company has found ourselves unable to fund further business operations and as of June 28, 2013 all of Songbird’s operations and associated services will be discontinu (IT news)