/// Under New Content Boss, AOL Shutters Music Division (Likely With More to Come)
AOL has shuttered its entire Music division, the company announced on Friday, laying off the few dozen employees in a division that has faltered over the past few years. News of the layoffs leaked on Friday afternoon, as staffers who were in attendance live-tweeted their own dismissals . AOL joins the ranks of the major portals offloading their music divisions over the past six years. 2006 saw Microsoft’s shuttering of MSN Music, while Yahoo closed the doors on its Yahoo Music services in 2008, as well as shutting down its MusicMatch service the year prior (just three years after acquiring it in 2004 for $160 million). AOL Music, in particular, has waned in popularity with the rise of other streaming music services like Spotify, Pandora and the like, along with a series of executive departures . That, coupled with the entrance of AOL’s new brand group CEO Susan Lyne, makes the move not an entirely surprising one. Lyne has noted in previous interviews upon first taking the job that she’d be looking hard at AOL’s existing content properties, pointing out under-performers and deciding what to do — or not do — with them.