Tuesday, June 05, 2007

Buffaloes, Lions and Crocs

Pretty remarkable video with a happy ending.

Lala has brass...

Wow. Lala, a company my classmate and friend Billy Alvarado helped start, is taking a huge, impressive gamble. $140MM committed to at least one major label, Warner Music Group, to stream (I assume) their entire catalog at 1 cent a play. At RockYou, we've been pushing the envelope with legal music streams, partnering with SnoCap, Nettwerk, PumpAudio and Fliptrack to maximize our music selection and test if music-based revenue could be material. Lala took it 1000x steps further. Congrats to Billy, Carole and the Lala team. They've taken a massive bet to test whether the free stream to paying download model works or not. Will be really interesting to watch. One standing concern is free services like Audio on Facebook, which offer completely free streams, and whether Lala can draw users away from these semi-legal/illegal streaming services much like iTunes did vs the original Napster. Really hoping Lala makes it big...

Friday, June 01, 2007

Facebook Widgets

This is a happy time here at RockYou. We have the top 3 fastest growing and 3 of the top 5 largest apps on Facebook's new f8 platform, with an aggregate 1.3MM embeds for Horoscopes, Slideshows and the new X-me application - just 7 days after going live. A ton of great things to say about the f8 platform which I'll reserve for later. Obviously, lots of cool, new apps may ultimately displace us, but it still rocks if only for a couple of days :)

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