The project was founded by Justin Kniest in 2000 in collaboration with internet service provider XS4ALL and broadcast facility company N.O.B.
[1] In February 2008 Fabchannel and Universal Music Netherlands announced a recording and multi-territory digital exploitation partnership for concert videos.
Despite this deal, the business model underlying Fabchannel proved difficult to maintain, with no clear source of direct revenue from the end users (viewers), and with copyright holders (artists and/or record labels) being reluctant to allow premium value content to be streamed for free.
Moreover, notwithstanding tight security measures, Fabchannel content got pirated on places like YouTube and Peer-to-Peer filesharing networks.
Kniest wrote: "After nine passionate and beautiful years of sharing the most amazing concert recordings with you, Fabchannel is stopping.