LimeWire Still Shedding Assets Before Shutdown–And a Federal Court Date
The music file-sharing service, which basically called it quits in October after losing a federal court case, is turning off or shelving most of its related products. But it has found a home for at least one of them: Its LimeExchange.com services marketplace is being swallowed by Freelancer.com, which describes itself as “the world’s largest outsourcing marketplace.”
Terms of the deal haven’t been released; Freelancer.com says it will “migrate” LimeExchange’s users to its own platform.
What’s that? You had no idea the people behind LimeWire also ran a freelance marketplace? Me neither.
But now that I’m looking, I see that Lime Labs, which formally ran LimeExchange, also lists a domain registration/hosting business and an open-source Web site-building service among its assets. Anyone know what’s become of those?
Big picture: New York-based LimeWire and its affiliated companies look like they will all be wound down by the end of the month. Not coincidentally, the following month there are supposed to be federal court hearings in which the major music companies are going to try to extract millions from LimeWire owner Mark Gorton for copyright violations.
I don’t know that shuttering all the related companies will help Gorton hang on to his money. But anything that helps him focus on his legal problems can’t be a bad idea.