Loudeye dumps p2p co Overpeer
p2p news / p2pnet: When Loudeye bought p2p scalp-hunter-cum-online-spoofing company Overpeer in March last year, it guaranteed its then new Overpeer Titanium Service was 99% effective in, “preventing the illicit sharing of digital media across peer-to-peer networks”.
It also claimed protection for anyone and everyone – “music, film/video, game and software industries”.
That should have had them falling all over themselves to use it.
However, it wasn’t to be.
We already knew the claims were no more than marketing equine excreta, but it seems would-be clients arrived at the same conclusion and accordingly, “Seattle-based Loudeye said Friday that it is shuttering its Overpeer division, effective immediately, in an attempt to bolster the parent company’s bottom line,” says CNET News.
“Executives did not immediately return a request for comment. However, in a filing with federal regulators in November, Loudeye said the Overpeer division had seen declining revenue through much of 2005 and that a major client had dropped its services at the end of the second quarter.”
The company is seeking to sell the Overpeer assets, it said in a statement, adds the story.
Also read:-
99% effective – Loudeye joins spoofing wars, May 31, 2004
CNET News – Clogger of P2P networks to shut down, December 9, 2005
December 11th, 2005 at 8:56 pm
Overpeer was setup to do one thing, flood Kaaza. Now that Kaaza is considered within control or being put under control, Overpeer doesn’t have a function any more. Since other hashes are harder to break and no one has set them up with another lease on life, Overpeer is a money drainer and nothing else. Plus Kaaza changed their hash scheme and Overpeer couldn’t adapt the same methods to work.
Many have asked here before about the RIAA being responcible for viruii that flooded Kaaza in addition to the fake files. Well, here’s your smoking gun. Loudeye was mentioned somewhere in the past of doing the trojan loading. However talkitive is a trait they have not really been. So much of what they are doing isn’t being heard of outside the corporate walls.
Loudeye is another that needs to follow this path down into the corporate graveyard.
December 12th, 2005 at 7:28 pm
The plural of virus is viri. Not virii, not viruii. You can use viruses if you like. Not sure where people got the idea for the extra i.