ClosuresKorean Social Network Cyworld to Shutter U.S. ServiceAuthored by Mark Hefflinger on November 6, 2009 - 9:42am.
Los Angeles - Cyworld, a
Korea-based online social network owned by SK Telecom, has decided to shutter
its U.S.
service three years after launch, having failed to attract a large audience.
U.K. Unlimited MP3 Download Service Datz Shuts DownAuthored by Mark Hefflinger on September 16, 2009 - 10:37am.
London - Datz, the provider
of an unlimited MP3 download service in the U.K., has shut down after failing
to generate enough revenue to pay music licensing fees, Billboard reported.
Micropayments Firm TipJoy to Shut DownAuthored by Mark Hefflinger on August 24, 2009 - 8:23am.
Cambridge,
Mass. - TipJoy, a micropayments platform
for bloggers that had raised $1 million in venture capital financing, has shut
down, PEHub.com reported, citing a post on the company's blog.
Tr.im URL Shortener to Shutter After Failing to Find BuyerAuthored by Mark Hefflinger on August 10, 2009 - 8:10am.
Vancouver,
Canada - Nambu
Networks has announced that it will shutter its Tr.im URL shortening service, after
finding zero interest from potential buyers, the company said in a blog post.
Multimedia Production Firm Blowtorch Sees Funding Dry UpAuthored by Mark Hefflinger on July 31, 2009 - 4:28am.
New York
- Blowtorch Entertainment, a multi-platform media company that launched with $50
million in funding and an ambitious plan to finance feature films, shorts,
mobile and social networking elements and live events, is near shutdown after
investors pulled out, VentureWire reported.
tags: Mobile | Video | Social Networking | Movies | Closures | Ignition Partners | Blowtorch Entertainment |
Zookz Shutters Unlimited Download Service, Returns FeesAuthored by Mark Hefflinger on July 22, 2009 - 9:34am.
St. John's, Antigua - Zookz, a recently launched unlimited
music and video download service based on the island nation of Antigua, has
shut down and refunded membership fees after being disavowed by the Antiguan
government, NewTeeVee reported.
The Printed Blog Shutters After Funding Dries UpAuthored by Mark Hefflinger on July 8, 2009 - 8:12am.
Chicago - The Printed Blog, a venture that
published a print round-up of blog content, has decided to shutter after 16
issues due to "a lack of outside investment capital," founder Josh
Karp wrote in a note on the company's blog.
Yahoo to Shutter Video Distribution Unit Maven NetworksAuthored by Mark Hefflinger on June 30, 2009 - 5:23am.
Sunnyvale,
Calif. - Yahoo (NASD: YHOO) plans to shutter
its Maven Networks online video distribution and ad platform, which it acquired
for $160 million in January 2008, TechCrunch reported. "While video
initiatives remain a priority for Yahoo, both for its consumer and advertising
experiences, we are increasing investment in some areas while scaling back in
others," the company told TechCrunch.
Production Studio Ripe Digital Entertainment Shuts DownAuthored by Mark Hefflinger on June 16, 2009 - 8:31am.
Los Angeles
- Digital production studio and ad sales firm Ripe Digital Entertainment has
shut down, Deadline Hollywood Daily reported.
IAC to Shutter Search Engine RushmoreDrive.comAuthored by Mark Hefflinger on June 9, 2009 - 10:50am.
Los Angeles
- IAC (NASD: IACI), the Internet firm run by Barry Diller whose holdings include
Ticketmaster, Citysearch and Ask.com, has decided to shutter RushmoreDrive.com,
a search engine targeting the African-American community, PaidContent reports.
Trade Pubs Radio & Records, Performing Songwriter to CloseAuthored by Mark Hefflinger on June 4, 2009 - 12:48pm.
New York
- Music industry trade publication Radio & Records will shut down after 36
years in operation and lay off all 40 staff members, Hypebot reported. The
magazine's airplay charts will be added to Billboard Magazine. Also shuttering
this month is Performing Songwriter, which debuted in 1993.
Controversial Online Ad Firm NebuAd Shuts DownAuthored by Mark Hefflinger on May 21, 2009 - 8:45am.
Philadelphia
- NebuAd, a provider of online advertising targeted based on a consumer's Web
surfing habits, said in court filings this week that it has been winding down
its business and has "essentially ceased to exist," the Associated
Press reported.
"Duke Nukem" Game Developer 3D Realms Shuts DownAuthored by Mark Hefflinger on May 7, 2009 - 11:46am.
Garland,
Texas - Video game developer 3D
Realms, creators of the "Duke Nukem" game franchise and publisher of
others including "Wolfenstein 3D," has shut down and laid off all
employees, Shacknews reported.
Report: Text Marketer Kadoink Seized by CreditorsAuthored by Mark Hefflinger on May 5, 2009 - 7:14am.
San Francisco - Kadoink, a developer of mobile music
marketing widgets that raised $7 million in venture capital in January, has
been seized by creditor Hercules Technology Growth Capital after failing to
maintain a requisite $2.5 million line of credit, TechCrunch reported.
Conde Nast Shuttering Two-Year-Old Portfolio MagazineAuthored by Mark Hefflinger on April 27, 2009 - 7:41am.
New York
- Publisher Conde Nast announced on Monday that it will shutter its
two-year-old Portfolio business magazine, citing "financial reasons at
[parent company] Advance," the magazine's website reported, citing editor-in-chief
Joanne Lipman.
Yahoo to Shutter GeoCities Free Web Page Hosting ServiceAuthored by Mark Hefflinger on April 23, 2009 - 10:25am.
San Francisco
- Yahoo (NASD: YHOO) plans to shutter its GeoCities free personal Web page hosting service
later this year, and as of Thursday was no longer accepting new customers,
Reuters reported.
Adware Firm Zango Shuts Down; Sells Assets to BlinkxAuthored by Mark Hefflinger on April 22, 2009 - 8:22am.
Bellevue,
Wash. - Zango, an
"adware" company that provided free game, song and other downloads in
exchange for the ability to serve targeted ads while browsing the Web, has shut
down and sold its assets to video search firm Blinx for an undisclosed sum.
Report: Music Service Provider Passalong to Shut DownAuthored by Mark Hefflinger on April 15, 2009 - 8:35am.
Wikia Search Project to Shut DownAuthored by Mark Hefflinger on March 31, 2009 - 8:38am.
Los Angeles
- Wikia Search, an open-source search engine project launched by Wikia and
Wikipedia founder Jimmy Wales, has shut down.
Ad-Supported Music Download Service SpiralFrog Shuts DownAuthored by Mark Hefflinger on March 20, 2009 - 8:20am.
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