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this deal, the business model underlying
Fabchannel proved difficult to maintain, with no clear source of direct revenue from the end users (viewers), and with copyright holders (artists and/or record labels) being reluctant to allow premium value content to be streamed for free. Moreover, notwithstanding tight security measures, Fabchannel content got pirated on places like YouTube and Peer-to-Peer filesharing networks.
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In
February 2008 Fabchannel and Universal Music Netherlands announced a recording and multi-territory digital exploitation partnership for concert videos. This was a breakthrough for Fabchannel as this meant Fabchannel was able to record and stream concerts of artists signed by Universal. Despite
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archive, their claim of being 'the largest concert video archive in the world' however being an exaggeration, given the far larger archives developed by major broadcasters such as BBC.
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On March 6, 2009, Kniest announced that the site would be shutting down the following Friday, March 13. In an email to subscribers titled "Fabchannel Stops." Kniest wrote:
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November 2007, the city of Amsterdam and Foreman Capital each took a 25% share in Fabchannel. The city of Amsterdam paid 1.25 million euro for the share.
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With more than 900 live concerts, festivals, performances, debates and lectures, Fabchannel.com built a substantial concert
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was a Dutch company that aimed to give attention to artists unrecognized by the
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In April 2007 Fabchannel announced that it has launched its own channel on
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The website streamed free, live, and on-demand video from the
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in 2000 in collaboration with internet service provider
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Spin Award: Winner Best Dutch
Website Concept of 2003
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458:(interview with founder Justin Kniest)
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