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How capitalism works: Prostitution and lies
  • MP3, the format that revolutionized the way we consume (and steal) music since the 90s, has been officially retired -- in a manner of speaking. The German research institution that created the format, The Fraunhofer Institute for Integrated Circuits, announced that it had terminated licensing for certain MP3-related patents...in other words, they didn't want to keep it on life support, because there are better ways to store music in the year 2017. Rest now forever, MP3.

    Interesting isn't it? As prostitute is writing things that her owners will like. Twisting things.

    On April 23, 2017, Technicolor's mp3 licensing program for certain mp3 related patents and software of Technicolor and Fraunhofer IIS has been terminated.

    We thank all of our licensees for their great support in making mp3 the defacto audio codec in the world, during the past two decades.

    This is another, more educated prostitute, lie is not direct.

    In reality patents just expired. But hefty money this shit guys collected must still be obtained, time to order workers to push move to other formats.