Podango free podcasting service is dead

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Podango.com is gone.  The podcasting service sent out an email to its clients announcing its demise.  Servers are overwhelmed in response.

Dear Podango Customers (Podcasters and Station Directors)

We at Podango believe that you, our customers, are our most valuable asset. Given this belief, we have always done our best to be honest and forthright in our dealings with you. The current uncertainties of the financial market has affected many of us in this nation. As of this morning, Podango is no longer immune to it's effects. Our ability to continue operations past the end of this year (2008) is in question. We do not want any of you, or any of your shows to be negatively affected by this uncertainty and so we are encouraging you to begin taking all necessary steps to secure your data or begin moving to another hosting provider.  On Monday we will have a more definitive direction. As of today, the last day to move or secure your data is December 31st. RSS feeds will need to be redirected by this date as well. It is our hope that the events of the next few days will allow us to continue providing you a service based upon a subscription fee. Again, we will know more on Monday and you will be notified of any changes to the above plan as soon as we are made aware of them.

We will have a link in the My Podango section of the Podcasters login page by Monday which will allow you to redirect your RSS feed off of the Podango feed to a new feed. Instructions will accompany that tool. Also on Monday we will provide you with alternatives for show hosting.

Inactive accounts, those without recent uploads or downloads, may be already been deleted from the system. If you need to contact us, please use info@podango.com.

Again I personally apologize for this notice of caution. We truly appreciate your business.

Doug

Douglas G. Smith
President - Podango

This poses the question as to whether the days of the hosted sites supported by revenue from advertising may be a thing of the past, especially in light of the economic crisis.