Grooveshark looks set to die as Universal sues for US$15 billion
Grooveshark is being sued by Universal Music for uploading more than 100,000 songs without permission, sounding the death knell for one of Spotify's main competitors.
Universal is seeking a payout of up to US$150,000 per illegally uploaded song, which will result in a whopping US$15 billion payout for Grooveshark if the case goes through.
That eye-watering figure is sure to dash any hopes of a Napsteresque rebound for the music streaming service. Coupled with Spotify's recent loss of 200 indie labels, the future of music streaming might be a bumpy ride against the likes of Amazon's, Apple's and Google's offerings...