Thursday, November 24, 2011

Grooveshark may be coming to an end because of billionaire process

To remain legal under the law the music streaming service must  create agreements with major studios and record labels in order to deliver the songs to its members. Grooveshark probably knew this but the industry's licensing company (if it exists) forgot to ask permission and pay the appropriate fees to Universal Music Group and, therefore, may have its days numbered.


Universal filed a lawsuit against Grooveshark in the U.S. this week when they ask for $ 150,000 in damages for each unlicensed band that was sent to the site, and the studio claims that there are there are slightly over 113 thousand. The total joke? Grooveshark will have to shell out just over 17 billion dollars to get rid of this.

In addition to saying the site infringes the copyrights of their artists to not license the songs, the studio still managed to information showing that its own employees, including even the CEO Samueal Tarantino, were responsible for uploading the songs to the server . In fact, they kept up a ranking of who could send more songs.

So if you like that Grooveshark offers currently out there and take the opportunity to hear all you have to listen to their headphones burst before the site is blown to smithereens. That will happen soon.