Online music distribution company Listen.com has agreed to buy the assets of struggling file swapping website Scour for a reported $5m.
The news follows months of uncertainty surrounding Scour, which last month filed for US bankruptcy protection three months after it was hit with music and film copyright infringement lawsuits. Scour is being sued by the Motion Picture Industry of America, the Recording Industry Association of America, and the National Music Publishers Association.
Listen.com declined to be specific about its plans for the assets, which include Scour's peer-to-peer service, but did say that Scour's technology will be used to help distribute content to partners such as Yahoo, Lycos and AltaVista.
Rob Reid, Listen.com's founder and chief executive, said: "We are committed to providing the best solutions for the delivery of legal digital media. By incorporating certain Scour assets into our service, Listen.com will soon be able to provide the most complete digital media search capabilities."
Listen.com said the deal does not include Scour's legal liabilities.
The agreement follows Napster's announcement on Tuesday that it will begin charging for its services as part of a deal with German entertainment giant Bertelsmann. Some observers do not believe that Napster will be greatly impacted by its planned subscription model, however.
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