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Goodbye, Liquid Audio?

gosand writes "Yahoo is carrying the AP story that basically says that Liquid Audio's days are numbered. The board voted unanimously in favor of a $57 million stockholder cash payout. They would rather sell the company, but if there is no buyer then they would probably have to liquidate the company. Liquid Audio indeed. There have been other Slashdot stories on this topic, but this could be the last one."

5 of 153 comments (clear)

  1. What about the users? by base3 · · Score: 5, Insightful
    What happens to the people who were foolish enough to actually pay money for music in this locked down, DRM-encumbered format?

    Since the company will be dissolved, this precludes anyone stepping up to ensure that this music will be playable on future operating systems, such as the upcoming Microsoft Windows Goatsex Rights Management Edition.

    The likelihood that these users will be left out in the cold without being able to use what they bought^W licensed in perpetuity is the kind of argument against DRM/Palladium/TCPA we should be pushing.

    --
    One CPU cycle wasted on digital restrictions management is ONE TOO MANY.
  2. Unethical Stuff by DaytonCIM · · Score: 5, Insightful

    Liquid Audio sued two dissident shareholders, including MM Companies Inc., for allegedly violating federal securities laws in their efforts to block the online music company's planned merger with media distributor Alliance Entertainment Corp.

    The merger died last month and two MM Companies executives now sit on Liquid Audio's board of directors.

    Liquid Audio's suit against MM Companies has been dropped, Doig said.


    Does that seem a little unethical to anyone else? Maybe what is killing Liquid Audio is poor management and outside investor influence.

  3. Re:Serves 'em right by sql*kitten · · Score: 5, Insightful

    Maybe they should have embraced more platforms than just Windows. Every time there has been a story on /. about Liquid Audio, many people bitch about linux or mac support. They should have listened, then they'd (theoretically) have a few more customers.

    Like Loki, the games company, you mean? The unpleasant fact is that Slashbots make a lot of noise about free-as-in-speech but their behavior indicates that free-as-in-beer is all they really care about. If it cost more to port to Linux than can be made by paying customers, then it would only accelerate a company's demise.

    Ah, you say, but if it was Open Source, it would outlive the company! Sure it would, but what kind of a business model is it when you actively encourage your users to withhold their support and circle like vultures waiting to devour the products you've invested your time and money in?

  4. Re:Serves 'em right by Xzzy · · Score: 5, Insightful

    > Maybe they should have embraced more platforms
    > than just Windows. Every time there has been a
    > story on /. about Liquid Audio, many people bitch
    > about linux or mac support.

    not to derail your totally valid and warranted rant here (supporting all platforms really shouldn't be as difficult as most companies make it sound), but you can HARDLY attribute the failure of a company to what platforms it supports.

    No matter what you would like to SEE happen, windows is by far the most used platform in the world. Remember the old saying, 'you can never lose by buying blue'? The same holds, for the most part, with windows. You can never go wrong by picking windows.

    If a company does fail, it's going to be due to a flawed business model, a poor product, whatever.

    But at this point in time, failing to support mac or linux is not going to be a driving point in a company failing.

  5. MS cuts a piece of everyone's pie. by TPS+Report · · Score: 5, Insightful
    Liquid Audio's days are numbered [...] The board voted unanimously in favor of a $57 million stockholder cash payout. They would rather sell the company, but if there is no buyer then they would probably have to liquidate the company.
    Interestingly enough, I was reading this month's issue of CPUmag , and they said Liquid Audio had already sold the majority of the patents they hold - to Microsoft. MS is letting them (indefinately?) use the technologies and patents Liquid Audio came up with, but Microsoft owns the patents now. Yes, really. Now that I see today's story, I wonder what company they had in mind to "make a $57 million stockholder payout".. :) I'm sure there's at least a few patents MS will find useful enough to include in Windows Media Player 9.x. Did anyone else notice that Windows Media Player 9 is not uninstallable? Welcome to step one of forced Digital Rights Management. Step two, coming soon: The "do not enable DRM" checkbox in WMP will accidentally disappear in future versions. Step three: Welcome to Palladium. Fun times. :)
    --
    I was told that I could listen to the radio at a reasonable volume from nine to eleven...