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Old 05-07-2009, 11:43 PM   #20 (permalink)
Jetée
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Location: Rarely, if ever, here or there, but always in transition
It was around a month or two ago that I had issues accessing seeqpod, and it was only about 10 days ago that I decided to see what was up. And now, nearly two weeks later, did I remember that this news might also be relevant to you good folks here, seeing as how the TFP community so absolutley embraced the site's cool functionality to produce songs.

I found this article: SeeqPod CEO: Major Lawsuits Are 'Non-Issue,' Acquisition Imminent | Epicenter and besides being "acquired", it had to file for bankruptcy beforhand

April 27, 2009
Quote:
Music search engine SeeqPod is on the verge of being acquired by a major new media company, CEO Kasian Franks told wired.com Monday, which he hopes will let his company partner with, rather than battle, the major record labels currently trying to sue it out of existence.

Franks wouldn’t name the White Knight but said the company was large enough to convince the major labels to license rather than crush his search technology — which hosts no infringing files, but lets users play and collect MP3s that are scattered around the internet. SeeqPod is now in “final acquisition talks,” with little more than the transfer of payment needed to finalize the transaction.

Once that happens, he says, the company that’s acquiring SeeqPod will use its technology to search for not only music, but “most other file types” as well — videos, Flash animations, and so on.


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