{"id":1531,"date":"2012-04-04T19:31:29","date_gmt":"2012-04-04T19:31:29","guid":{"rendered":"http:\/\/skylight.gr\/administrator_wordpress\/index.php\/2012\/04\/04\/emi-terminates-licensing-agreement-with-grooveshark\/"},"modified":"2012-04-04T19:31:29","modified_gmt":"2012-04-04T19:31:29","slug":"emi-terminates-licensing-agreement-with-grooveshark","status":"publish","type":"post","link":"https:\/\/skylight.gr\/index.php\/2012\/04\/04\/emi-terminates-licensing-agreement-with-grooveshark\/","title":{"rendered":"EMI terminates licensing agreement with Grooveshark"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\" size-full wp-image-1006\" src=\"http:\/\/skylight.gr\/administrator_wordpress\/wp-content\/uploads\/2011\/10\/emi_logo-300x145-copy.jpg\" border=\"0\" width=\"160\" height=\"77\" \/><br \/>EMI Music has terminated its licensing agreement with Grooveshark, while a statement from the music streaming service has called EMI\u2019s rates \u201cunsustainable\u201d.  <!--more-->  <br \/>The move comes after EMI joined the legal assault on Grooveshark in January, becoming the fourth major to sue the company.<\/p>\n<p>CNet reports that EMI told the New York Supreme Court that Grooveshark owes $300,000 plus interest for nonpayment on a promissory note.<\/p>\n<p>A statement from Grooveshark, however, suggested that the decision to part ways came from the music service itself, \u201cGrooveshark was recently forced to make the difficult decision to part ways with EMI due to EMI\u2019s currently unsustainable streaming rates and EMI\u2019s pending merger with Universal Music Group, which we consider monopolistic and in violation of antitrust laws.<\/p>\n<p>\u201cTo date, Grooveshark has paid over $2.6 million to EMI, but we have yet to find sustainable streaming rates.\u201d<\/p>\n<p>Grooveshark said that the EMI lawsuit filed against it in January was a contract dispute that it expected to resolve. CNet reports that since then Grooveshark failed to make a $100,000 installment of EMI assets leading to the current dispute and the severing of ties.<\/p>\n<p>Source: Music Week<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EMI Music has terminated its licensing agreement with Grooveshark, while a statement from the music&#8230;<\/p>\n","protected":false},"author":1,"featured_media":1006,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[23],"tags":[],"class_list":["post-1531","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-music-news"],"_links":{"self":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts\/1531","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/comments?post=1531"}],"version-history":[{"count":0,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts\/1531\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/media\/1006"}],"wp:attachment":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/media?parent=1531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/categories?post=1531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/tags?post=1531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}