Yup, you read the headline right, HMV have lost it - what on earth makes them think that they can compete against Facebook's $38 million funding, 200 employees and 1.4 million active UK users. If they had any sense they would be building a Facebook app, and widgets for Bebo and MySpace.
Shame on LBi for keeping their mouths shut and taking the money (or worse still, coming up with the idea)...
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Now might be a good time to reflect on the success of Get Closer.
How many users are there? This is quite easy to calculate. In the UK 3% of men are called James. On Get Closer 65 people are ( although funnuly enough 5000 artists). That means the overall population of the site is likely to be 6500.
Also interesting to see the site fails to rank highly in Google, even under it's own name. Even cult bands like the Smiths have only a handful of the 'connections' which are at the heart of the site.
What can we learn from that?
Robin Grant
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Member since: 03 Jun 2008
Last login: 02 Jun 2009
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