Humbolt which billed itself as an ‘ethical music service’ has shut down after launching in August 2018, citing lack of support from indie record companies and music licensing difficulties
In an email to subscribers, Humbolt says:
“We’re beginning the process of dissolution. We, unfortunately, took advice from an ‘industry insider’ that proved to be a fatal error with regards to our finances. We cannot operate in the US because of it. As you know the US is the biggest indie market in music streaming consumption. That being said, also not having Merlin, Secretly Distribution, Beggars or Redeye Worldwide on board has proven difficult as well.”
