8tracks to close at year end
8tracks is to close at year end (2019) according to a recent announcement by the company. Launched on 8th August 2008 the streamer initially offered a globally available streaming service which in 2016 was restricted to the US and Canada due to licensing concerns. The reasons given for the closure are that because of its relatively small scale compared to the likes of Spotify it cannot charge enough in advertising to fund its advertising sponsored […]