Posted 5 months ago Comments
Our investor, World of Avatar, will no longer be funding Boom.fm and our current revenue streams do not cover our operating costs.
The Boom.fm team is incredibly proud of what we have achieved in the past year. We have been true to our intention of growing and supporting the success of the local music industry. The caliber of people we have in our community is really special. You are some of the most influential and forward thinking individuals in local music scene and it’s been a crazy, wonderful ride working with you all.
We want to take this opportunity to thank all the bands that signed up with Boom.fm. We love this industry and are passionate about what we do and we hope to find an alternative solution, because we believe in your success.
We will store all the code and content, and once we find a brand that is committed to supporting the South African music industry, we will reactivate the site. Boom.fm will continue to exist through social media.
P.S. To those bands playing on the BOOM! Ramfest stage, don’t worry, everything is still continuing as norm. The name of the stage just might change. We’ll be in touch with more info.