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Soundtrackr is Both Free and Good

Soundtrackr is a new type of web based music start-up in that it combines both the adjectives free and good together. It takes the great model of Pandora with an incredible music algorithm along with a large library of music that is able to be streamed for free, and combines it with both social and local elements to make it an ultimate music service all while remaining free. The only real downside is that the service does have skip limitations, but it is totally free to use after all.

Soundtrackr is already growing at a fast rate, with almost 500,000 users only three months after launch. Over 35% of the users are not even from the US. With web based, mobile, and soon to come TV options, there is a great reason why. The service can be used just about anywhere to listen to artist specific or even friend created stations. With the mobile option, you can even listen to the station of someone nearby.

Soundtrackr is hoping to avoid premium subscription fees and ads to raise revenue. Instead, they are banking on a new partnership that will integrate ticket sales into their mobile apps. This is certainly a new, refreshing way to go for streaming music services. So, at least for now, the service will be staying ad free. How long that will last remains to be seen as their streaming service, MediaNet, does cost a lot of money, but provides over ten million music tracks, with about 20,000 being added each and every week. Certainly, with a library like that, the service can remain popular; it just needs the money to stay afloat.

Soundtrackr is currently running off the money they raised from private angel investors, and hopes to get more in their second round in order to offset the costs of streaming, and continue to bring a great, free service to everyone.

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