“We aren’t trying to kill it, you are watching us fight for it,” writes Turntable.fm founder Billy Chasen on the company’s blog, explaining why it had to turn off user uploads and shut down its leanback-focused Piki site. Turntable spends “tens of thousands of dollars a month in royalties, service fees, hosting, etc,” says Chasen, and disabling uploads will save the company $ 20,000 a month alone. Chasen also promises to bring new artist-driven services to Turntable, but it sounds like the writing may be on the wall for the former media darling.
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