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Liquid Audio cuts its workforce by 40%

2 May 2001 5:32 by Petteri "dRD" Pyyny

Liquid Audio, a company focused to provide secure solutions for digital media distribution, announced yesterday that its going to lay off 40% of its employees.

Company says its going to shift its focus back to digital rights management and pull its focus away from its retail kiosks and other similiar businesses.

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Related articles:

  • Liquid Audio will dissolve (6 December 2002)
  • Alliance Entertainment buys Liquid Audio (13 June 2002)
  • Liquid Audio licenses BMG's music (11 March 2002)
  • Liquid Audio to distribute content of six indie labels (20 April 2001)
  • Liquid Audio comes to your neighborhood store (29 February 2000)
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