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16-yr old launches Vye music-sharing site. Another Napster?
Quotes: "Slacker radio stations that supposedly fit your predefined tastes..."
"It’s unclear why a separate device is needed."
"The Slacker player seems to be an even narrower offering, actually, with the device only drawing from existing Slacker radio stations."
Wow. So much wrong info.
The Slacker online player EXACTLY fits your predefined tastes. You add or ban artists and songs from existing Slacker stations -- or invent your own stations! You can tailor them to play only hits or add less familiar tunes. You can connect to refresh (load up) your Slacker G2 Portable player with your favorite 25 stations and take them anywhere, w/o being constantly connected online. It works like an iPod, but you don't have to spend a lot of time or money buying or downloading songs. It's all CD quality, and it's completely legal and free. You just have to hear about 1 or 2 commercials an hour. It's the best piece of technology I've bought in years.
I dumped my satellite subscription and now use Slacker. There's no monthly fee and I can control the music more.
Go to their website (www.slacker.com) and fiddle with the player. You'll be hooked like I am.
But Slacker, btw, did have a million Blackberry users download the Slacker app for the Blackbery in the last month. Seems to me that this would indicate a lot of interest in Slacker in general, especially since your average Blackberry user is not typically characterized as a music geek.
The beauty of Slacker is that it allows you to not only listen to customized stream of music, like Pandora does, but to also cache that (and other favorite streams) as well. Currently you can do this on the Slacker player and the Blackberry. The new Sony X series MP3 players (due next month) will also allow the caching function. The caching function seems to be pretty much disregarded in this article, but it is critical for portability. Pandora, while a great service, is useful only when your computer is on, and on line. I use my Slacker portable daily while riding the bus, and in my car.
I think it may be useful for an investor to realize that I (and many, many other music lovers) have canceled my XM satellite subscription in favor of Slacker. And I haven't listened to "regular" FM in years. HD FM radio may sound good, but it will not bring me back to the commercial mess that is corporate FM today.
So my point in posting a reply to this article is simply to point out that Slacker, while far from perfect (but getting better), represents the kind of product/service that will only grow in use over time. Believe me when I say that every Slacker player owner is an evangelist for the product. I personally have turned three friends into Slacker owners in the past month, and many more into users of the web service. Do I know if their management and their business plans are sound? No. But I'm still listening to Slacker, and pretty much only Slacker.
Sirius XM is best