This is a business I know well. Jukedeck is an example of how founders and investors do not conduct appropriate market research. There is a limited market demand for low-cost royalty-free music for videos. One could argue there is an oversupply* of royalty-free music relative to buyers. The quality is not good enough to disrupt the billion dollar Production music industry that is top heavy, a relative small amount of creators at the top get the majority of the money, the rest compete for the little that is left. Jukedeck has raised enough money ($3million #) to be around for a few years if they control their burn rate. But Jukedeck in its current form, is just another music startup destined for the Deadpool. (http://techcrunch.com/tag/deadpool/)
* http://lmgtfy.com/?q=royalty+free+music # http://www.businessweekly.co.uk/tech-trail/investment-tree/d...