Is turntable.fm legal?

How does this sort of legal uncertainty factor into the way investors view a product/company? On one hand, I feel like the risk could make it a less attractive investment since its an extra liability.<p>Or would it be a reason for founders to ask for more money, under the idea that they need a warchest of funds to fight expensive lawsuits?<p>On the other hand, being in a legal grey area could be seen as a barrier to entry for people who don't want a potential litigation nightmare hovering over their heads.

Don't they use, and have an agreement with MediaNet (<a href="http://www.mndigital.com/" rel="nofollow">http://www.mndigital.com/</a>) which provides all the licensing they need (since MediaNet has deals in place with the record labels)?

I don't like turntable. While the idea is appealing (streaming music for friends or strangers), the UI is awful. There's too much color and illustrations are not helping. I would be happy to help if founders are reading this.

I wouldn't be surprised if they start seeing legal trouble soon if it hasn't started already. I would gladly pay money to use it, if it comes to that, as I haven't had this much fun with a site for a very long time.

<i>I’d say it’s astonishing no one has done it before, but it’s not: The music business has a long tradition of resisting good ideas. </i><p>I'd say it's astonishing he doesn't know internet radio station have existed for ages. It took a little bit more know how before getting getting put on the web, but its always been there.