Visiting Dignitaries

Grooveshark CEO Says He’s ‘Broke,’ Calls 2012 the ‘Year of Getting Punched in the Face 10,000 Times’

"I am like literally broke and I am trying to lower my rent."
(Photo: Flickr)

(Photo: Flickr)

Grooveshark CEO Sam Tarantino has a case of the Mondays, only this one’s lasted every single day for over a year. Between 2011 and 2012, both Google and Apple pulled Grooveshark, a music streaming service, from their respective app stores. Then Spotify launched with star-studded support and millions in funding and Pandora, another Grooveshark competitor, successfully IPO’d. Oh, and this was all before the lawsuit. By the end of 2012, Universal Music Group had filed against Grooveshark and its employees for allegedly uploading copyrighted music.

Mr. Tarantino calls it the “year of getting punched in the face 10,000 times.” Seems about right.

Since having to lay off a significant number of employees, the startup has relocated to a tiny office above a midtown dive bar and also operates another in Gainesville, Florida, which is not exactly known for its burgeoning tech scene. “I am literally broke,” Mr. Tarantino told Mashable.

Now Mr. Tarantino is looking to reinvigorate the down and out streaming service with a new feature called “Broadcast.” Launching today, Broadcast allows anyone to play DJ by putting together a tracklist of songs and recording interludes. Mashable notes that transitioning to more of a radio-type model could open the door for licensing deals with big music companies.

Meanwhile, Mr. Tarantino says he’s looking to lower his rent, so give him a holler if you have a cheap spare bedroom.

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