So after many successful years LoudCity is shutting down. Not too much is known at the moment regarding the shutdown, but after February 28th, 2014, broadcasters will need to find a new source for licensing their streams.
A notice posted on LoudCity's Website February 3rd simply reads:
Hello Broadcasters,It's with a heavy heart we tell you that LoudCity will be closing down on Feb 28. After several years the team has decided to move on to other opportunities.
No new service fees will be charged to any broadcaster as of tomorrow, February 4th. If you were charged a service fee on February 1 to February 3, 2014, you will receive a refund for the unused balance of your account for March 1st, 2nd or 3rd, as the case may be. Refunds will be issued to you in March.
It's truly been a pleasure serving all of you. We hope you will continue your craft with other services. We wish you the best of luck in whatever your next step may be.
Signing off,
LoudCity
