
Rumors & Acquisitions: Aol and the Labs, Turntable and the Labels, and Which Aviary Co-Founder Needs Your A/S/L?
LAME. The evil music labels are considering a lawsuit against Turntable.fm, according to a high-level source on the West Coast, but haven’t decided how to proceed. Meanwhile, Turntable lookalike Rolling.fm is knee deep in lawyers trying to figure out how to keep the service up outside the U.S.
MIXED MESSAGES. A couple weeks ago, Betabeat noticed that Skillshare founder Mike Karnjanaprakorn was out in San Francisco for the launch of Skillshare in that city. Had he picked up some cash while he was out there, we wondered? Skillshare raised $550,000 in January, which was made public in May, so the company certainly could have sustained its five employees on that–especially with MK’s militant lean start-up mindset and the bit of cash it’s getting from the website. So when Mr. Karnj said he hadn’t raised a new round, we said ‘Oh okay.’ But then we kept hearing, over the transom, that Skillshare has raised a fresh round. And they’re trying to fill up their sweet Soho office with a backend developer, community team and founder apprentice. Any insights? Drop us a tip. Read More




