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Other Tech News The latest community based technology news from across the globe. (If you aren't a community newsposter then use the "Submit News" section.)

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Old Oct 18, 2006, 08:43 PM   #1
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AllofMP3 Fights Critics, Loses Visa

Source: BetaNews
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After months of being criticized both in the press and among music industry executives, Russian music service AllofMP3.com shot back Tuesday, saying its business is legitimate. It charged that it has attempted to compensate the record industry, but has been turned down.

AllofMP3's owner Mediaservices pays the Russian Multimedia and Internet Society a 15 percent cut of its sales, it claims. RMIS has attempted to pay the record companies the royalties, but the record companies have refused to take the money.
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Old Oct 18, 2006, 09:19 PM   #2
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Now thats hard to believe, with the news of RIAA being countersued for trying to sue entirely wrong people to collect money "owed" them, I cant see them turning down free cash. Unless they are planning a law suit (they would never do that would they) against these guys for copyright violations on some other terms.
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Old Oct 19, 2006, 12:01 AM   #3
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RIAA etc wouldn't accept the money, 'cause it would reduce the legitimacy of any lawsuit they would take out on AllofMp3
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