noah | November 20, 2007 3:10 am
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Hey, remember the ad-supported download service SpiralFrog, which allowed users to download songs for 30 whole days as long as they sat through a few ads? Was going to change the industry and make music a viable source of income again? No? Well, you’re not alone; the company lost $3.3 million in the last quarter, during which it generated a whopping $20,000 in revenue. And no, I’m not forgetting any zeroes or commas there. [Silicon Alley Insider]