On TV.com: Dollhouse CANCELED, What Went Wrong?
BNET Business Network:
BNET
TechRepublic
ZDNet

By Greg Sandoval
Posted on ZDNet News: Oct 18, 2006 6:35:00 PM

Credit card company Visa International said Wednesday that it has suspended service to music download site allofmp3.com, the latest setback for the Russian company accused in the U.S. of pirating music.

"It's no longer permitted to accept Visa cards," said Simon Barker, a Visa International spokesman. "The action we've taken is in line with legislation passed in Russia and international copyright law."

The news comes as allofmp3.com launches a public relations campaign to counter claims by the U.S. government that the site is an outlaw operation. On Tuesday, allofmp3.com announced plans to give away hundreds of thousands of albums for free, according to a story in the International Herald Tribune.

U.S. trade representatives say allofmp3.com is profiting from unauthorized music sales. Executives of allofmp3.com say that the company carefully adheres to copyright law in Russia. That doesn't satisfy U.S. music labels' concerns about copyright infringement, however.

Like music download sites that came before it, such as Napster and Kazaa, allofmp3.com offers unlicensed music for deeply discounted prices.

After years of court battles, Napster and Kazaa now cooperate with record companies. Other sites around the globe, such as Spain-based Weblisten.com, have succumbed to legal pressure and shut their doors.

The U.S. has indicated that by allowing allofmp3.com to continue operating, Russia could be jeopardizing its bid to join the World Trade Organization.

SponsoredWhite Papers, Webcasts, and Downloads

  • Talkback
  • Most Recent of 6 Talkback(s)
ah, but theoretical
he was dealing with the potential/theoretical bottom line... when someone enters the market, they're interested in what their bottom line *will* be, and there's 1 bottom line per company...

the... (Read the rest)
Posted by: shryko Posted on: 10/19/06 You are currently: a Guest | | Terms of Use
I think I might just cancel my VISA  voska | 10/18/06
ROFL... America is becoming a joke  Stellardyne | 10/19/06
north of the border  shryko | 10/19/06
Both sides have valid arguments, but labels are ultimately wrong here  kckn4fun | 10/19/06
huh?  shraven | 10/19/06
ah, but theoretical  shryko | 10/19/06

What do you think?

advertisement
Premier Vendor Content Whitepapers, webcasts & resources from our Power Center Sponsors

White Papers, Webcasts, and Downloads

SmartPlanet

Click Here