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

  • JUMP camera

    Google Is Shutting Down Its Jump VR Video Program

    Google will shut down Jump, its cloud-based video stitching service, this summer. The company emailed creators Friday afternoon to tell them that Jump would be shuttered on June 28, and detailed plans for the shut-down on its website as well. In its email, Google justified the closure of Jump with the emergence of new video [...]

  • Relix Live Music Conference

    Relix Live Music Conference Puts Spotlight on Gender Parity, Privacy

    The third annual Relix Live Music Conference took place at New York’s Brooklyn Bowl earlier this week. The two-day confab, which featured panels and Q&As by executives from such companies as Live Nation, Q Prime, SiriusXM, Bowery Presents, Glassnote Music, Shorefire Media and Splice, among many others, offered a fascinating and honest look at the [...]

  • Spotify Tests 'Car Thing' Audio Adapter

    Spotify Starts Testing In-Car Hardware

    Spotify is carefully taking a first step into the consumer hardware space: The company has begun to test a new in-car device that lets users access music and podcasts with voice commands, it revealed in a blog post Friday morning. “Car Thing,” as the device is being called for now, is only being tested in [...]

  • Hannah-Hart-BuzzFeed-Tasty-Edible-History

    BuzzFeed's Tasty Taps Hannah Hart for Food-History Show on Facebook Watch

    YouTube star and food fanatic Hannah Hart is combining her passions for cuisine and history in a new series for BuzzFeed’s Tasty on Facebook Watch. The eight-episode show, “Edible History,” premieres Sunday, May 19, at 8 a.m PT, on BuzzFeed’s Tasty Presents show page on Facebook Watch, with episodes released weekly. In each episode (7-12 [...]

  • YouTube Music

    Songza Co-Founders Have Left YouTube Music Ahead of Google Play Music Shut-Down

    The three co-founders of Songza, a music curation startup acquired by Google in  2014, have left YouTube Music, Variety has learned. Former Songza CEO Elias Roman, former chief product officer Elliott Breece and former chief operating officer Peter Asbill all quietly transitioned to new positions at Google’s startup incubator Area 120 in March. A YouTube [...]

More From Our Brands

Access exclusive content