Allofmp3 loosing fight as CEO's get sued

10 Oct, 2006

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Allofmp3The United States are making Russia choose between Allofmp3 and US support for the Russian membership of the World Trade Organisation (WTO). Susan Schwab, the US Trade Representative, has now asked Russian authorities to close down the site which sells music priced by file size. On top of that, the IFPI, the international music industry body, has now begun legal action in Moscow against two of the site's directors, Vadim Mamotin and Denis Kvasov (see picture), to halt operations. Run by the Moscow company MediaServices, Allofmp3 does not pay any royalties and is illegal. The company has an estimated revenue of $30 million a year.
(...)

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