Music search engine SeeqPod sued by Music Record Companies
EMI and Capitol Records are filing suit against music search engine
SeeqPod. EMI and Capitol are, targeting individual employees and investors, in addition to the company itself, for monetary damages. The suit lists its chief executive, Kasian Franks, and backers Raf Podowski and Shekhar Lodha as individuals. The record companies are seeking billions of dollars in damages and hope to send a strong message to profiting companies from music sharing services that they consider to be illegal. The major difference between SeeqPod and search giants Google, Ask and Yahoo is that the results it yields are more relevant, and a music player is provided. A representative from SeeqPod said that the site is actually more helpful that harmful to the flagging traditional music industry — helping fans discover new bands, songs that they might then buy on iTunes or go to see live.
Source: VentureBeat
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