At one time, the music startup — which promised 35 million users they could “Play any song in the world, for free!” but that didn’t have deals to pay the big music labels — seemed like a problem for the music industry. Now it’s dead.
After losing a six-year legal battle, Escape Media, the company that owns Grooveshark, is formally conceding to the music labels that sued it.
In a settlement with Universal Music Group, Sony Music and Warner Music Group, the company’s founders are shutting down their website, apps and everything else they own, wiping their servers clean of music and offering a formal apology to the industry.
And just to drive the point home, the company is telling its users to go buy subscriptions from licensed streaming services, like Spotify, Deezer and Google Play.