Grooveshark Signs New Licensing Agreement With EMI Publishing
Published August 9th, 2013
GAINESVILLE -- With numerous legal battles threatening the future of one of Gainesville's most prominent startup companies, Grooveshark announced Thursday that it has reached a new licensing agreement with EMI Music Publishing.
Founded in 2006, Grooveshark allows users to upload music to the website that can then be streamed or shared by other users for free.
But much like YouTube, which was entangled in legal battles during its early years, Grooveshark is now fighting to stay afloat after being hit with lawsuits from four of the biggest music companies in the U.S.
Now there is one less suit to worry about after a new licensing agreement was reached with EMI.
"EMI Publishing, being the second biggest music publisher on the planet, is a huge step forward," said Grooveshark co-founder and Chief Technical Officer Josh Greenberg. "There are a lot of other labels we want to get licensed, and so it's a never ending process for us."
However, Grooveshark is by no means out of the water just yet. The website still faces a lawsuit from three other large companies.
The Sony, Warner and Universal Music suit is still pending in federal court.
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