One the biggest illegal file-sharing companies has been seized and shut down by The Department of Justice. Sharebeast and it’s affiliate albumjams.com is responsible for over 100,000 illegal downloads and leaked songs and albums, and was the largest in the U.S.
RIAA Chairman and CEO Cary Sherman says “this is a huge win for the music community and legitimate music services.”
“Sharebeast operated with flagrant disregard for the rights of artists and labels while undermining the legal marketplace.Millions of users accessed songs from Sharebeast each month without one penny of compensation going to countless artists, songwriters, labels and others who created the music. We are grateful to the FBI and the Department of Justice for its strong stand against Sharebeast and for recognizing that these types of illicit sites wreak major damage on the music community and hinder fans’ legitimate listening options.”
