Mixtape platform Spinrilla is now gearing up to shut down after they signed a confidential settlement with various music companies backed by the RIAA.
A judgment submitted by the platform finds them being required to pay $50 million in damages for piracy. Along with that, Spinrilla will have to shut down its platform. According to TorrentFreak, Spinrilla has committed to the $50 million along with the fees owed to the labels. The company reportedly faced a possible $600 million suit at one point, as it was concluded that 4,082 copyrighted recordings were streamed at least once on the platform. A judgment was proposed and signed by a clerk in Georgia this past week, with the judgment saying:
“Judgment shall be entered in favor of Plaintiffs and against Defendants jointly and severally in the amount of $50,000,000, inclusive of any recoverable costs and attorneys’ fees.” The judgment prohibits Spinrilla founder Dylan Copeland from being able to offer the company as a service. Along with that, Copeland and Spinrilla were ordered to shut down the app and website within five days. Defendants shall transfer the domain name https://spinrilla.com to the Plaintiffs in accordance with the terms of the confidential Settlement Agreement and Release among the parties.”