Facebook Attempts to Save the Music Industry?By Taking Myspace?s Place

According to Forbes, RootMusic will be announcing today that it has raised $16 million in funding. Where is that hefty wad of cash going? To make Facebook the go-to place of music, allegedly. Says Forbes: “Founder J Sider says he plans to use that capital to establish Root Music as the go-to place for musicians [...]

Source: http://feedproxy.google.com/~r/beatcrave/~3/mkYpFgIEQBU/

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