The end is nigh for Grooveshark. News comes today that all of the Majors are now suing the streaming music service.
…After getting hit with lawsuits from Universal Music, Warner Music Group, and Sony Music Entertainment, EMI — the only company with whom Grooveshark actually had a licensing deal — has now filed suit against Escape Media Group, Grooveshark’s parent company, claiming that Escape has failed to make a single royalty payment.
…EMI has requested Grooveshark pay it $150,000 in royalties. Grooveshark said in a statement that the matter is simply a “contact dispute,” which the company expects to “resolve.”
Grooveshark currently boasts 35 million members, who are able to upload their own tracks to Grooveshark’s music library…
… an investigation by Universal, which concluded that Grooveshark employees — including its CEO and several vice presidents — had together uploaded more than 113,000 songs.
Universal is seeking damages of $150,000 per song (the maximum allowed by law), which equals out to about $17.1 billion in total. This lawsuit was later joined by Warner and Sony…. (via Digital Trends)