31 12 / 2011

The End is Here Before The Beginning for Beyond Oblivion | AllThingsD

Reposted from http://dthin.gs/uxDuEf on December 31, 2011 at 12:27PM

Beyond Oblivion, a New York-based music startup is shutting down before even launching a product, having burned through some $87 million worth of funding. Backed by investments from News Corp. (which also owns this Web site) it had sought to bundle the service with hardware and charge a flat fee, but had trouble selling recording labels on the idea.