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The bottom line is that this industry is certifiably dysfunctional and that we do not see a plausible path to take at this time. We neither want to engage in so-called copyright infringement nor do we have millions of dollars available to *buy our way in* when it is abundantly clear that doing business under the existing rules of the major labels will simply amount to economic suicide.
~ Gerd Leonhard, CEO of Sonific, a web-music service that is going offline on May 1st
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