×
You will be redirected back to your article in seconds

Soundbreak silenced

Acacia stops the music, cuts remaining employees

This article was corrected on Feb. 20, 2001.

Is a sudden switch to online syndication a synonym for sudden death? Days after announcing it was switching to a syndication business model, digital music Netco Soundbreak.com closed its doors Thursday at the behest of parent company Acacia Research. The remaining 35 employees received pinkslips — more than 30 had already been laid off in recent months.

“Due to market conditions, we were unable to monetize the business plan or to raise the additional capital necessary to sustain the company’s long-term growth,” said Paul Ryan, chairman and CEO. Ryan said the company was unable to generate sufficient online advertising revenues. Soundbreak’s content, which included a proprietary media player that showcased deejays Netcasting live music and doing interviews, appeared on sites Bored.com, AngryCoffee.com and StreamSearch.com.

The switching-to-syndication announcement has been made by several other Netcos in the days leading up to their demise. Destination sites Wirebreak and Icebox said they were exploring a syndication scheme before they cut the cord.

Amendment Jan. 1, 2001: Wirebreak.com continues to syndicate its content to Web sites. The company has not shuttered.

In its original incarnation, Wirebreak, founded by David Wertheimer, former prexy of Paramount Digital Entertainment, relied on a revenue plan that focessed on adevrtising. But the site had difficulty attracting enough eyeballs to make its business model work.

Icebox was frozen out two weeks ago after execs considered enhancing its revenue stream in a number of ways, including syndication and pay-per-view. Netcaster had originally hoped to make a go of it by using a combination of advertising revenue and proceeds from deals with studios and networks.

More Digital

  • ‘Tomorrow and Thereafter,’ ‘Diane Has the

    MyFrenchFilmFestival Prizes ‘Tomorrow and Thereafter,’ ‘Diane Has the Right Shape’

    Actress-director Noémie Lvovsky’s “Tomorrow And Thereafter,” a heartfelt homage to the director’s own mother, and Fabien Gorgeart’s “Diane Has the Right Shape,” about one woman’s surrogate motherhood, both won big at the 2019 UniFrance MyFrenchFilmFestival which skewed female in its winners and viewership, making particularly notable inroads into South East Asia and Latin America. Opening [...]

  • soundcloud-logo

    SoundCloud Launches Tool to Distribute Music to Other Streaming Services

    SoundCloud today announced a new distribution tool that enables artists to distribute their music to other streaming services. The feature, currently in open beta the service’s Pro and Pro Unlimited platforms, means that artists can upload their music to SoundCloud competitors including Apple Music, Amazon Music, Spotify and Instagram. “Creators using the SoundCloud Premier distribution feature keep [...]

  • Alison Meyer - Whistle

    Whistle Taps Refinery29's Alison Meyer as VP of Marketing

    Whistle has hired Alison Meyer, previously with female-focused Refinery29, to head up brand-marketing solutions for the male-centric digital media player. As VP of marketing at New York-based Whistle, Meyer will lead partnership marketing for the company’s slate of original programming and branded content. She reports to Whistle president and COO Michael Cohen. Meyer’s appointment comes on [...]

  • Snapchat - NHL Highlights

    Snapchat Expands NHL Pact to Add Hockey Highlights, Curated Stories

    Snapchat is adding more action from the ice under a new multiyear deal with the National Hockey League. The NHL, in association with Disney Streaming Services, is delivering a new weekly highlights show on Snapchat recapping the top 10 plays of the previous week and will produce Curated Our Stories on the platform for select games [...]

  • Hulu Adds Another Interactive Ad: This

    Hulu Adds Another Interactive Ad: This One Lets You Get Offers Via Email

    Hulu lets its subscribers choose the show they want to see. Now the video-streaming service is increasingly letting users choose to respond to certain commercials right away. A commercial from Sleep Number, the manufacturer of the bed with an adjustable mattress, that has run on Hulu for the past several weeks allows viewers to request [...]

More From Our Brands

Access exclusive content