April 23, 2008:Sonific goes offline, slams label demands

Sonific goes offline, slams label demands

Music widgets provider Sonific is to close down on May 1, due to what CEO Gerd Leonhard describes as “the unworkable music licensing situation and the resulting lack of solid revenue modeling”. The company says it's looking for a new business model, but in the meantime is open to acquisition. Leonhard has slammed the labels…

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