Source: http://allthingsd.com/20111231/the-end-is-here-before-the-beginning-for-beyond-oblivion/
Sunday, January 1, 2012
The End Is Here Before the Beginning for Beyond Oblivion
Beyond Oblivion, a New York-based music start-up is shutting down before even launching a product, having burned through some $87 million worth of funding, according to a report in the Financial Times (link goes to a story behind a paywall). 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.
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