New York, EUA.-The online music service Grooveshark shut down operations as part of an agreement to resolve a dispute with the major record labels, according to a message posted on his website, thus putting ending a four-year legal battle.
Grooveshark erase all works whose copyrights are delivered stamps and ownership of the site, applications for cell phones and property IP, including patents and copyrights, the company said. “Despite the best intentions, we made serious mistakes. We failed to secure the licenses of those who have the rights of the large number of music in the service,” he said Grooveshark .
parent company, Escape Media Group, facing hundreds of millions of dollars in damages in a trial starting on May 4 in a Manhattan court.
A US judge ruled last week that the violations of rights Author who made Grooveshark , based in Gainesville, Florida, nearly 5,000 songs were “deliberate” and “bad faith”.
Nine record labels, including Arista Music, Sony Music Entertainment, UMG Recordings, and Warner Bros. Records Escape Media Group sued for copyright violation in 2011. In court papers, the record called Grooveshark a “direct descendant” of Grokster, LimeWire and Napster, all of which were closed for violations of copyright.
On Friday, the seals were referred to a statement from the Association of the Record Industry in the United States, which called the deal “a major victory for the artists and the entire music industry.”
The association said that the founders of Escape, Joshua Greenberg and Samuel Tarantino, agreed to “significant financial penalties” if the agreement were violated . A spokesman for Grooveshark declined to comment. The company, which had more than 30 million users, said it had a policy of honoring orders owners to remove copyrighted songs on the service complying with the Copyright Act Digital Millennium.
The decision last week by US District Judge Thomas Griesa on songs from artists like Madonna, Jay-Z and Bob Marley, Escape exposed to more than 756 million dollars in damage.
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