Fabchannel, an on demand website that aired performances in clubs like Amsterdam-based Paradiso and Melkweg and The Roxy Theatre in LA, called it quits this week. They say it’s because of the financial crisis and the decline of income. See “The reasons why we stop“, posted by Fabchannel on their blog.

Dutch website Musicfrom.nl claims in [...]

Online concert channel Fabchannel.com ceases its activities as of today, due to bad economic prospects within the music and online advertising market.
During the last nine years, Fabchannel have been successfully promoting concert recordings of national and international artists online among a large international audience.
The Fabchannel business model bases itself on two essential ingredients: [...]