After Spiralfrog posted that 10million loan application, I thought things couldn’t get any worse for them, but it turns out there might be a silver lining to their cloud. They’ve been able to re-negotiate the terms on their loan that required them to pay $7 million back on this day, today.

Renegotiating the terms on the loan was a no-brainer, as it’s financially impossible for them to pay back the loan today, and any self-respecting (VC) investor should know that. They’re going to blow through a lot more cash before they …

Part of our Grooveshark groups project, we have all been divided up into kick-ass teams of 5 or so, and we’re finally now enacting all of our 3 week long projects.
For Valentine’s Day, we’re giving UF students free $10 in music, conveniently contained in a Valentine’s Day card, which will be taped to the bottom of their chair. They’ll sit down at their desk, read the note, find the card, and BAM! instant satisfaction :)

With Moneyshark rolling out, our labels are finally starting to get paid (remember “everbody gets paid?“). We’ve crafted up some slick packets that will be going out in the coming weeks, and we’ll be rolling out Moneyshark to labels as the product is tested and debugged.
2008 will be the year of Grooveshark.

The long awaited, much anticipated label analytics engine for Grooveshark is coming.
Moneyshark.

Girl Talk performed in Gainesville Wednesday, and also in Orlando Thursday, so we’re celebrating by skinning the entire site for the Girl Talk performances. Vishal did a great job on the skin, and it really embodies everything Girl Talk is about, like drinking, hot girls, and mashups.

Girl Talk is one of the fore-runners in the new wave of the copyright movement. He uses samples from hundreds of different tracks to create “mashups” of different songs. It’s really amazing if you’ve never heard his work before. Here is a sample from …

Ingrid Michaelson’s song can be quite addicting, I try to only listen to it a couple times a day so I don’t wear it out, but it’s just so damned addicting.

I’ve uploaded the clip here so you can hear it, and also have the Grooveshark page if you’re interested in downloading/streaming it for free:

Grooveshark: Ingrid Michaelson - The Way I Am

Grooveshark is developing new packages for all of their label partners, and our wonderful designer John has come up with a couple of mockups.
This card (front/back) is meant to illustrate our team, and how we’re offering a completely radical, different product for consumers and record-labels alike.
The front side shows our team, how we are young, fun, whatever, and also has a brief rundown of our features:

The back side has a comparison chart, yet to be completed, contrasting us with our competitors:

For more great pics, be sure to check out the …