Petteri Pyyny
6 Dec 2002 6:45
Liquid Audio, one of the online music pioneers, will disappear soon. Company's board of directors has voted to dissolve the company and return the remaining assets to company's shareholders.
Company has been known one of the first companies to develop legal methods of delivering and selling music online in digital format. Company sold its DRM technology to Microsoft earlier this year for $7M.
Source: News.com