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74991 Posts in 13106 Topics by 2620 Members - Latest Member: dak4482 December 08, 2016, 08:03:58 PM
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WinMX World :: Forum  |  Discussion  |  WinMx World News  |  Grooveshark Closes Doors After Court Settlement With Music Industry
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Author Topic: Grooveshark Closes Doors After Court Settlement With Music Industry  (Read 227 times)

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Offline GhostShip

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Another music service that fought to gain licences from the music industry copyright mafia has been killed off afters failing to secure them.

http://www.bbc.co.uk/news/technology-32547376

Quote
Music-streaming service Grooveshark has announced that it is shutting down. The closure is part of a deal worked out with record companies who sued the service claiming it was harbouring pirated pop.
In a statement on its website, Grooveshark said it had failed to get licences for the copyrighted music shared on the service.
It has also agreed to delete the music it offered and hand the website and apps over to the record industry.
"We made very serious mistakes," said the statement. "We failed to secure licences from rights holders for the vast amount of music on the service. "That was wrong. We apologise. Without reservation," it said.
The shut-down also ends the legal action started by Warner, Sony, and Universal Music in 2011.

Monopoly means just that, whilst groveshark did wrong by operating without key licences it was one of the few services that tried to obtain them, it seems if the music industry don't own the service lock stock and barrel you may as well give up trying to compete with the likes of Apple etc.
These types of settlement simply forces up the price of music to the end consumer who it seems is getting used to paying more for less.


WinMX World :: Forum  |  Discussion  |  WinMx World News  |  Grooveshark Closes Doors After Court Settlement With Music Industry
 

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