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SeeqPod faces downtime but promises a return, hints at acquisition

The lawsuit-beleaguered MP3 search engine was down all weekend; CEO says they're in talks with a large media company buyer.

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Computing, Home A/V | by Barb Dybwad | Mon Apr 27, 2009 2:07PM | 0 comments

Popular music search engine SeeqPod has been in what is arguably a long, slow descent to the Deadpool for some time, having faced an intense series of lawsuits from major labels in addition to significant operating cost thanks ironically to their success. Late last month the company announced they would begin charging for access to their API in a move seemingly indicative of increased financial trouble, and this weekend the site experienced significant downtime — prompting many to posit that the end may finally be nigh for the MP3 search player.

CEO Kasian Franks told MP3 Newswire that Seeqpod was moving server infrastructure this weekend and planned not only a return to working order, but that the company was in talks with a "large media company that was a competitor to Apple" for a potential acquisition. If a buyer with the clout of a Sony or a RealNetworks were willing to expose themselves to the SeeqPod lawsuit magnetism, it could supply the company with enough resources to battle the RIAA giants who, instead of seeking a harmonious way to monetize obvious consumer interest, once again try to sue the bejeesus out of the startups willing to meet consumer demand.

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