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Online Music Storage Firm MP3tunes Files For Bankruptcy

Posted by timothy on from the not-his-first-rodeo dept.

fishmike writes "Online music storage firm MP3tunes, Inc filed for bankruptcy in a U.S. court, following its prolonged run-in with music publishing giant EMI Group over copyright issues, court filings showed. MP3tunes is a so-called cloud music service that lets users store music in online 'lockers.' Amazon.com Inc, Apple Inc and Google Inc have similar cloud services."

2 of 41 comments (clear)

  1. Now I understand by Mathinker · · Score: 5, Insightful

    EMI probably knew that this was the probable outcome --- which explains why they repeatedly tried to add Michael Robertson as a personal defendent. Looks to me that Big Media has had it in for him ever since he proved, with the original mp3.com website, that good music could be generated and distributed without them.

    I hope he and his family manage to come out financially unscathed. The original mp3.com site rocked.

    1. Re:Now I understand by janap · · Score: 5, Interesting

      Aww - those were the days! Mp3.com actually PAID indie artists to have their stuff on the site. Sent me cheques all the way to Sweden. The fees for cashing them in were greater than their value though... But at least we were PAID. Mr Robertson is for real and I wish him good luck in his future endeavors.

      (I eventually brought our expired cheques with me on a trip to California, and the staff at mp3.com HQ happily exchanged them for a fresh one that I was able to cash in.)