Popular mixtape platform Spinrilla has signed a confidential settlement agreement with several RIAA-backed music companies. Spinrilla submitted a judgment that requires it to pay $50 million in piracy damages and other fees. The mixtape platform will also shut down its site and apps, which have a massive audience.

Music fans love to share mixtapes and have done so for decades but sharing these ‘tapes’ over the Internet is not without risk.

Popular hip-hop mixtape site and app Spinrilla has millions of users and is well aware of the pitfalls. In 2017, the company was sued by several RIAA-backed labels, including Sony, Warner, and UMG, which accused the company of massive copyright infringement.

“Spinrilla specializes in ripping off music creators by offering thousands of unlicensed sound recordings for free,” the RIAA commented at the time.

The rest of this article can be read on TorrentFreak.com

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