Buddhists Rejoice: Muxtape to be Reborn, Take New Form

Justin Ouellette, founder of Muxtape, the streaming mixtape creation site that he recently shut down, has written on the site that he is planning to re-launch as a distribution platform for indie bands.
Ouellette said that even though he had tacit licensing agreements with the 4 major labels, that didn’t stop the RIAA from threatening him with a lawsuit that would cost him millions to fight, money that the ex-Vimeo employee didn’t have.
With MuxTape gone, FavTape has emerged as the dominant web mixtape creation service.
Oullette told Rolling Sto ne that MySpace Music’s model is out-dated, has poor navigation and won’t succeed.
Editor: So now the RIAA is killing deals that the labels like? And how long until FavTape runs into the same problems as Muxtape?