It’s the end of an era as music streaming service 8tracks announces its difficult decision to shut down after 11 years running.
The platform, which centers around user-generated playlists consisting of at least 8 tracks, has released an official statement. 8tracks takes us through the platform’s history, from early beginnings to its imminent shut down, and the reasoning behind it all.
Ultimately, shifts in the music industry have made it difficult for 8tracks to stay afloat.
The blog post states:
8tracks Radio Download
To state it simply, we’re shutting down because we can’t generate enough revenue, at our current scale, to cover royalties that continue to increase. One could blame “the music industry” for the travails of 8tracks — the path to the grave has been well trodden by many digital music startups these last 20 years. But the challenges run deeper, and I think it’s instructive to consider the perspective of the artist and label.
8tracks Radio
However, those playlists won’t be lost forever:
- Belt Radio Shack Realistic 8 Track Player TR-801 TR-881 TR-881B TR-882. 4.5 out of 5 stars 3.
- To sum it up, 8tracks Radio is a handy application to have music available at the press of a button to satisfy any mood or enhance any activity. It also comes in handy when you just don't know what.
Internet radio - Free music playlists. 8tracks is a simple way for people to share and discover music through an online mix, a short playlist containing at least 30 minutes — roughly 8 tracks — of music. 8tracks believes handcrafted music programming trumps algorith.
8tracks Radio October 2016- Chill Indie
While we can’t port the 8tracks community to an existing music streaming platform en masse, we can make it easy for you to grab the metadata from playlists you’ve created or liked, so you can re-create these playlists on your second-favorite music streaming service ; )
8tracks will officially shut down at the dawn of 2020.
Read the full blog post here, directly via 8tracks.