ReadWriteWeb

It appears that the time for freemium music services in the US has passed. Earlier this week streaming music site Imeem sold to MySpace for under $10 million dollars while laying off a large number of staff. For a company with all four major record labels signed, more than 15 million uniques a month and well over 5 million tracks in its catalogue, it came as a sobering blow to the industry. While many companies move to a subscription model, 8tracks continues to forge along in what some describe as a convenient loophole. As of this weekend the company is publicly launching its API for Boston's Music Hack Day.

What is it about a weekend that makes you want to create a web application from start to finish? Most people would probably think it insane to try cramming design, development, testing, and deployment of a web app into a single weekend, but a growing number of events are encouraging people to do just that. The latest is Montreal, Canada's Blitzweekend, which will take place over the first couple of days of March.