For the past two years, Turntable.fm had tried their best to keep the service alive. Turntable.fm expanded the room sizes from 200 users to an unlimited amount, made thousands of UI improvements, introduced Gold, built a mini-player, designed different avatars as over 400 million songs played in about one million rooms. It seems though as this was not enough as Turntable.fm has decided to shut down and fully concentrate on Turntable Live.
Turntable.fm said “It was a tough decision to make because we love this community so much, but the cost of running a music service has been too expensive and we can’t outpace it with our efforts to monetize it and cut costs. If we also want to give Turntable Live a real shot, we need to fully focus on it.”
Turntable.fm made the announcement that “all your playlists and songs can be exported to Spotify or CSV by going here. All the avatars we’ve designed are now accessible for everyone to enjoy. We have a special t-shirt to remember turntable.fm and it will be available for purchase next week. We are working on making anonymous raw data dumps for developers to have fun with.”
And finally they will be organizing a last day party which will happen on December 2nd.
[Source: Turntable.fm]
