Turntable.Fm Gets New Investment

While questions of its legality still bounce around the Internet--and will probably last until someone sues the site's runners--Turntable.fm just got a fresh round of investment, $7.5 million in fact, based on its recent $37.5 million valuation. That's right, at this point, Turntable.fm is worth a whopping $37.5 million, and there are at least 140,000 subscribers to the site in its first month.

Oh yeah, why don't you check out the Prefix room while you're at it. [Hypebot]

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