Music labels force pioneering MP3tunes into bankruptcy

19 05 2012

Gabe Lawrence

MP3tunes, a music locker service that has spent years locked in litigation with major record labels, announced last week that it was closing up shop. The startup scored a partial victory in court last year, helping to establish the legality of cloud music services in the process. But founder Michael Robertson says that “four and a half years of legal torment” forced his company to file for bankruptcy on April 27.

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