Posted by: vinitneo on: August 20, 2008
According to Tim Westergren, the founder of popular Web radio start-up Pandora – "We’re approaching a pull-the-plug kind of decision"
The problem apparently is the hike in the fees for web radio, which makes it extremely expensive for an independent start-up to stay afloat in the business.
Will they pull-the-plug or survive is what we have to wait and see.