Unfortunately, worrying seems prudent. While I suspect this move had been planned for some time, it follows on the heels of a large layoff that decimated (triple-decimated, if the 30% number is to be believed) the company.
That may have to do with their cancellation of the Vdio service. I was a beta tester of the service but received an email last month that it was being cancelled.
Comments
Unfortunately, worrying seems prudent. While I suspect this move had been planned for some time, it follows on the heels of a large layoff that decimated (triple-decimated, if the 30% number is to be believed) the company.
http://www.theverge.com/2013/11/19/5123004/rdio-lays-off-emp...
The music streaming business seems like an extraordinarily difficult place to compete.
That may have to do with their cancellation of the Vdio service. I was a beta tester of the service but received an email last month that it was being cancelled.