RapidVideo, a popular file-hosting service with millions of users, has thrown in the towel. The site faces legal pressure from lawyers representing the MPA and ACE, including a lawsuit from Warner Bros. and Netflix. Paired with dwindling revenues and a worsening legal climate, maintaining the site is no longer viable, according to the operator. - Ernesto, TorrentFreak [via/web:http://streaming-tv.us]
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