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Liquid Audio will dissolve

6 December 2002 6:45 by Petteri "dRD" Pyyny | 3 comments

Liquid Audio, one of the online music pioneers, will disappear soon. Company's board of directors has voted to dissolve the company and return the remaining assets to company's shareholders.

Company has been known one of the first companies to develop legal methods of delivering and selling music online in digital format. Company sold its DRM technology to Microsoft earlier this year for $7M.

Source: News.com

Permalink to this article

Liquid Audio sells its patents to Microsoft (30 September 2002)

Liquid Audio licenses BMG's music (11 March 2002)

Liquid Audio cuts its workforce by 40% (2 May 2001)

Liquid Audio comes to your neighborhood store (29 February 2000)

Liquid Audio and WinAmp agreement (4 January 2000)

Is Liquid Audio in trouble? (26 November 1999)

Liquid Audio sells own shares (24 November 1999)

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A_Klingon (Moderator) 7 December 2002 3:37
Boo hoo. What a shame. I is so so sad. [dabbing teary eyes]. Breaks my heart. Oh dear, whatever shall I do with my old Liquid Audio player now? (File it alongside my old 8-track tapes and RCA CED laserdiscs I guess). "Thtwweerrrpppp!" [blowing nose] Sure am glad I wasn't one of their shareholders. Actually, this ought to serve as a wakeup call to all the purveyors and makers of DRM-inhibited music-files, including those by M$. L.A. : R.I.P. -- Mike -- [ + quote]
rickhavoc (Newbie) 11 December 2002 13:53
there there A_Klingon. Who knew that the "Liquid" in Liquid Audio was short for "Liquidation?!" :-) [ + quote]
A_Klingon (Moderator) 11 December 2002 21:34
<sniff sniff> Thanks, rick. You is a nice fellah. (my poor widdle klingy eyes is all red and sore). Liquid Audio. Worst damned thing ever invented next to .wma. They deserve each other. -- mgb -- [ + quote]