Music streaming service Bloom.fm says they're shutting down due to a surprise withdrawal of funding by their sole investor, Russian TV channel TNT. Founder Oleg Fomenko says they had great momentum and felt that they could have sold the service if given more time. Andrea Leonelli speculates that this announcement may also be a way to attract last minute investors. We'll see how that plays out but the news maps all too easily to the expected implosion of both streaming music services and huge investments. Yesterday Bloom.fm announced that it's "game over" and posted the following statement on their blog:...

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