Amazon has acquired music startup Amie Street, which the company actually helped fund. Unfortunately for Amie Street users, the service will be shut down.
Amie Street has an interesting business model, which lets musicians upload music, which starts out free to users. The more downloads the songs get, the more the price goes up (up to a $1). Interesting as it may be, it apparently didn't work.
According to Michael Arrington, the Amie Street team will focus on Amazon's Songza, a custom...
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