Tuesday, February 23, 2010

Sellaband and Rolling Stone Updates

The Sellaband website described in yesterday's post has been off-line for the last 3 days. Now it appears that the company has been declared insolvent, which is the Dutch equivalent to bankruptcy (Sellaband is a Dutch company).

There's no word on what will happen to the funds raised by Public Enemy and other bands through the site, which could spell bad news for both bands and investors. Sellaband now seems to be one of those great Internet ideas that just can't be monetized. Too bad.

In other news, Rolling Stone Magazine's website has also been down for a few days, but speculation is that they let they're name registration lapse because of the error message that's displayed. Whether that's the case or not, it's a good lesson to every artist and band that owns their own website - always keep up with the name registration. Once it lapses, it may be tough to get back.

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