Beyond Oblivion was preparing to launch in 2012, but ended up shutting down instead before they had even launched their product. Beyond Oblivion was planning on launching an unlimited music service called Boinc. Users would get unlimited streaming and downloading access through the Boinc music library for a lifetime with the device that you would have to buy along with the service. Social music and sharing features would be included as well. Why did the company shut down? Possibly because of their inability to negotiate music labels for licensing deals. The company had raised over $87 million in funding since being founded in 2008. [TheNextWeb]

Beyond Oblivion has raised $77 million in funding in a round led by News Corp and Wellcome Trust. Beyond Oblivion is a digital music discovery service that launched in 2011.

News Corporation (NYSE:NWS) invested in Beyond Oblivion as part of a second round of funding worth about $10 million. The funding was revealed in a filing with the SEC. Beyond Oblivion is working on a business that will allow consumer electronic makers to pre-load music on devices. Beyond Oblivion is in stealth mode but they plan to launch on November 10, 2010 (or 10-10-10). [paidContent]