Earbits

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Earbits
Platform(s)Web, Android
Pricing modelFree
Websitewww.earbits.com

Earbits is a commercial-free music streaming service & music marketing platform that was founded in 2010.[1] The streaming service is available to consumers as a website in addition to a client for the Android mobile devices.[2] The music marketing platform is available to independent artists, labels and concert promoters who can bid for their songs to be played.[3] Earbits currently has 550 labels, 10,000 artists and 100,000 songs in its library.[4]

Users can skip, rewind, go forward and backward through song(s).

Earbits graduated from the startup accelerator program Y Combinator as part of the Winter 2011 class[5] and has received a total of 895k dollars in funding from Charles River Ventures, Geoff Ralston, Matt Mullenweg, Start Fund and private investors.[6][7]

In early 2013 Earbits launched their own virtual currency that allows consumers to earn on-demand access to streaming music by taking actions that benefit artists, such as joining a band's official fan page or mailing list.[8] Unlike Spotify and other on-demand music streaming services, Earbits uses Groovies as their currency to unlock on-demand features instead of having to pay real money for it.

Earbits has been called the "new breed of artist-focused Internet radio"[7] in times in which the online music business is hardly profitable.[9]

Earlier, Earbits announced that they had been shutting down their service after operating for over 4 years, on 16 June 2014, with the reason being stated as lack of capital funding to compete in the market.[10] They have since reported to have received funding from one of their strategic partners enabling them to continue their online services for an indefinite period.[11]

References

  1. "Forget $9.99 per Month, Earbits Trades Engagement for Tunes". VH1. 2013-02-28. http://blog.omusicawards.com/2013/02/forgot-9-99-per-month-earbit-trades-engagement-for-tunes/. Retrieved 2013-07-28. 
  2. "Earbits Offers Fast, Completely Free Streaming Music". Lifehacker. 2013-06-14. http://lifehacker.com/earbits-offers-fast-completely-free-streaming-music-513291274. Retrieved 2013-07-28. 
  3. "Joey Flores of EarBits on This Week in Startups #133". This Week In Startups. 2011-04-15. Archived from the original on May 14, 2011. https://web.archive.org/web/20110514124836/http://thisweekinstartups.com/blog/joey-flores-of-earbits-on-this-week-in-startups-133.html. Retrieved 2011-06-27. 
  4. "Earbits Brings Its Indie Music Discovery Service To Android". TechCrunch. 2013-04-25. https://techcrunch.com/2013/04/25/earbits-android-launch//. 
  5. "Y Combinator Is Boot Camp for Startups". Wired. 2011-05-17. https://www.wired.com/magazine/2011/05/ff_ycombinator/all/1?pid=5325. Retrieved 2011-06-27. 
  6. "Earbits Snags $605K From Y Combinator, Charles River Ventures And Others". TechCrunch. 2011-06-11. https://techcrunch.com/2011/06/17/earbits-snags-605k-from-y-combinator-charles-river-ventures-and-others. Retrieved 2011-06-27. 
  7. 7.0 7.1 "Groovy, baby: Earbits’ social currency lets indie music fans unlock on-demand streaming features". The Next Web. 2013-02-28. https://thenextweb.com/apps/2013/02/28/groovy-baby-earbits-social-currency-lets-indie-music-fans-unlock-on-demand-streaming-features/. Retrieved 2013-07-28. 
  8. "Earbits Launches Groovies". SFGate.com. http://www.sfgate.com/business/prweb/article/Earbits-Launches-Groovies-The-First-Social-4317426.php#ixzz2RVPX02Fb. 
  9. "Why the online music industry is a mess". CNN Money. 2012-08-30. http://tech.fortune.cnn.com/2012/08/30/online-music-spotify-pandora-itunes/. Retrieved 2013-07-28. 
  10. Earbits shutting down their service.. Earbits Blog. Retrieved 12 June 2014.
  11. "Earbits is back Online". Earbits Blog. 19 June 2014. http://blog.earbits.com/online_radio/you-spoke-someone-listened-earbits-is-back-online/. Retrieved 20 June 2014.