×
You will be redirected back to your article in seconds

Radical.fm Shuts Down After Tip Jar Model Fails

Online music streaming platform Radical.fm, also known as Radical Indie, is closing its doors and putting its assets up for sale: Radical announced its closure Friday, and is set to go offline over the weekend.

“Despite our quality, and the support of our users and shareholders, Radical simply lacks the muscle to reach the full potential of this tech on our own,” said CEO Thomas McAlevey in a statement.

Radical.fm had been operating under a variety of iterations since 2013. In 2015, it relaunched as a personalized radio platform without advertising and subscription fees, asking users to instead contribute with a “pay what you want” donation model.

The service had been giving users a chance to host their own radio stations, complete with the option to mix songs with voice-overs and interact with audiences with text chat. McAlevey had previously founded a radio station in Stockholm, Sweden, and also launched an early online radio service in 2000.

 

More Digital

  • Sheryl Sandberg

    Sheryl Sandberg: Facebook 'Absolutely Did Not Pay Anyone to Create Fake News'

    Online music streaming platform Radical.fm, also known as Radical Indie, is closing its doors and putting its assets up for sale: Radical announced its closure Friday, and is set to go offline over the weekend. “Despite our quality, and the support of our users and shareholders, Radical simply lacks the muscle to reach the full […]

  • Netflix iPhone mobile app

    Netflix Confirms Tests of Cheaper, Mobile-Only Streaming Plans in Multiple Markets

    Online music streaming platform Radical.fm, also known as Radical Indie, is closing its doors and putting its assets up for sale: Radical announced its closure Friday, and is set to go offline over the weekend. “Despite our quality, and the support of our users and shareholders, Radical simply lacks the muscle to reach the full […]

  • Roma

    Italy's Distribution Chief: New Windowing Law Is 'Not Against' Netflix (EXCLUSIVE)

    Online music streaming platform Radical.fm, also known as Radical Indie, is closing its doors and putting its assets up for sale: Radical announced its closure Friday, and is set to go offline over the weekend. “Despite our quality, and the support of our users and shareholders, Radical simply lacks the muscle to reach the full […]

  • Sonos Q4 2018 Earnings: Earnings Above

    Sonos Beats Earnings Expectations, Teases Out-of-Home Product for 2019

    Online music streaming platform Radical.fm, also known as Radical Indie, is closing its doors and putting its assets up for sale: Radical announced its closure Friday, and is set to go offline over the weekend. “Despite our quality, and the support of our users and shareholders, Radical simply lacks the muscle to reach the full […]

  • Mark Zuckerberg

    Mark Zuckerberg Claims He Didn’t Know About Facebook’s Crisis PR Operation

    Online music streaming platform Radical.fm, also known as Radical Indie, is closing its doors and putting its assets up for sale: Radical announced its closure Friday, and is set to go offline over the weekend. “Despite our quality, and the support of our users and shareholders, Radical simply lacks the muscle to reach the full […]

  • Lucian Grainge Universal Music Group

    Universal Music Group Posts Strong Third Quarter as Sale Talks Heat Up

    Online music streaming platform Radical.fm, also known as Radical Indie, is closing its doors and putting its assets up for sale: Radical announced its closure Friday, and is set to go offline over the weekend. “Despite our quality, and the support of our users and shareholders, Radical simply lacks the muscle to reach the full […]

More From Our Brands

Access exclusive content