Another file-sharing site bites the dust.
Sharebeast has been shut down by the U.S. Department of Justice. The FBI Anti-Piracy Warning now appears on Sharebeast.com, which had become the largest file-sharing site in the U.S., and its sister sites albumjams.com and mp3pet.com.
The Recording Industry Association of America (RIAA), which had reported more than 100,000 infringing files for takedown in the past year, called the closure of the site a “huge win for the music community”.
RIAA chairman and CEO Cary Sherman said Sharebeast had operated “with flagrant disregard for the rights of artists and labels while undermining the legal marketplace. Millions of users accessed songs from Sharebeast each month without one penny of compensation going to countless artists, songwriters, labels and others who created the music.” [via Variety]