Ezmo Shutters Online Music Storage, Sharing Service

Ezmo, a Norway-based developer of online music storage and sharing technology, has been shut down by owners Fast Search and Transfer (FAST), according to a post on the company's blog. Ezmo said on its blog that the revenue model for its free service was to be music sales and promotion, but repeated meetings and contact with the major labels did not result in licensing deals. (DigitalMediaWire)