|Description||music social networking|
|Series B, 4/2010 |
|Private Equity, 3/2011 |
Beyond Oblivion is a music and technology company founded in 2008 by its CEO, Adam Kidron. Its principle shareholders are Wellcome Trust, News Corporation, Allen & Company, Intertrust Technologies Corporation, and Adam Kidron. Beyond Oblivion’s first go-to-market product is boinc.
boinc is a magnetic and social music service that distributes a vast legal music library from a cloud (supplied by majors, independents, and artists the world over), and embeds the right to download and PLAY IT ALL within devices like PCs, tablets, autos and smartphones.
boinc replaces paid-download, paid subscription, and advertiser-supported services with an inexpensive one-time, lifetime-of-device usage fee - paying copyright owners a micro-royalty per play, no matter if the original file were legally or illegally downloaded.
Adam Kidron InterviewAdded: 10/26/12
boinc is a social music service that enables users unlimited, on-demand access to a legal library of millions of songs without subscription fees, download charges or advertising.
boinc replaces freemium, paid and advertiser-supported services with an inexpensive, one-time lifetime-of-device license fee, typically paid by manufacturers, operators and retailers and hard-bundled into devices or within a service tier. The actual cost to the consumer is usually invisible. For users looking to add the service to an existing device, they can do so by purchasing the app for a nominal fee.
The boinc music app runs on music playing devices like smartphones, tablets, and PC’s.