Goom channels $16M for user-generated online radio » VentureBeat
VENTUREBEAT.COM - Online radio stations have been taking a hit lately, with record companies cracking down on streaming copyrighted material. But Goom Radio, a new internet radio startup, has decided to take its chances, relying largely on user-generated playlists — much like its peer Pandora Radio. And despite steep odds, it just nabbed $16 million in first-round funding to roll out its service in the U.S....
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