Chill.com will shut down its service on December 15, disappointing cord-cutters everywhere. Originally a social discovery service for video, Chill eventually started selling DRM-free video content, including original programming. That move didn't pay off.
Co-founder Brian Norgard told Gigaom, "We discovered that the sales/acquisition cycles around premium content to be somewhat inconsistent with our self-serve distribution model." He also suggested that he had tried to find a third party buyer for the site, but to no avail.