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StreamCast’s Undoing

May 6, 2008
by Jon Healey
Editorial Writer, Los Angeles Times

Jon Healey

Like David going 15 rounds with Goliath, StreamCast Networks Inc. battled the biggest companies in the entertainment industry for nearly six and a half years before finally dropping the slingshot and hitting the dirt. The file-sharing company filed a Chapter 7 bankruptcy petition last week, sending it down the road to liquidation. But the company’s demise wasn’t triggered by Hollywood studios or the major record labels, as much as they would have liked to have done so.

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