What happened to this project? At first, he showed great promise. The idea of the project is great, but the last months there are no announcements, they are constantly postponed. I hope the project team will soon give us good news.
In my opinion it has failed because it couldn't overcome most of the same issues that have been plaguing the music industry since the first mp3 was pirated. Kids have always been the main driver of music sales, and kids don't buy music anymore. They stream it or download it for free. MUSIC is trying to inject fair economics back into it and is a great idea for musicians but the consumers just don't seem that interested.