Two weeks after it's sole investor pulled the plug, digital music service Bloom.fm announced yesterday that it is shutting down and liquidating its assets. The UK based company had hoped to find a new buyer given its 1.15 million user-base, and several had expressed serious interest. In the end, time ran out. In an announcement yesterday, the company said: "After Bloom.fm was placed in administration we received incredible amount of support from our users and a lot of commercial interest from prospective buyers. One offer stood out in particular, as it would have allowed Bloom to continue in the spirit...

More...