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Apple among those casting doubt on wisdom of Spotify in US

10/07, 8:00pm

Spotify US launch may be held up by Apple

Apple may be raising doubts among music labels that are keeping Spotify from a US launch, insiders alleged on Thursday. Senior officials from Apple reportedly told record studios in Los Angeles that they had "serious doubts" Spotify's model, which is led by ad-supported free service and $10 monthly subscriptions, could be profitable. The unnamed CNET sources also noted that Apple thought the service could take away from per song sales at not just its own iTunes store but others as well.

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SpiralFrog music site shuts down

03/20, 1:45pm

SpiralFrog music site dies

New York-based SpiralFrog, an advertising supported music service website went down on Thursday afternoon without any fanfare, with sources in a Friday CNET report saying the company has ceased operations and its assets were handed over to creditors. The company was in financial trouble last year, having issued secured notes in order to borrow a minimum of $9 million from hedge funds and other sources. The site's business strategy revolved around offering free digital music downloads to the public and charging companies to advertise on its site.

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