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Issue Date: 
Sep 14 2011 - 12:00pm

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Turntable.fm's new iPhone app

Innovative social Internet radio service Turntable.fm has launched a much-anticipated iPhone app. Meanwhile, Bloomberg reports the service is discussing a licensing deal with the four major record labels. 
"The New York-based startup is seeking an agreement that will allow users to legally stream music in the U.S. and abroad," writes Bloomberg. Said Turntable.fm's CEO Billy Chasen: “We want to grow internationally...part of that is talking with all the labels and getting deals and licenses in place."
The company also confirmed that it recently received an investment of $7 million (which was speculated about back in July, RAIN coverage here).
Find Bloomberg's coverage here and more on Turntable.fm's new iPhone app from CBS News here.


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The licensing is a good

The licensing is a good thing. That seems to be trend nowadays. Getting the best out of everybody. - Douglas Andrew

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