AllofMP3 loses Visa, gives music away for free

by admin October 19, 2006 at 4:40 am

The soap opera takes another bizarre twist today with news that the site plans on giving its music away for free and supporting itself through advertising?¢‚Ǩ‚Äùjust as Visa announces its intention to stop processing AllofMP3 payments.

The ad-supported model is exactly the sort of intriguing new initiative that one might announce in one’s first-ever press conference, but AllofMP3 said nothing about it. Odd?¢‚Ǩ‚Äùbut the company is still new at this, finally deciding to mount a public defense of its activities after years of attacks from the IFPI and (more recently) the US Trade Representative.

Full story: Ars Technica