MBW reports that Muzu.tv, the independent online music video service launched in 2008, is headed into liquidation. According to MBW sources, the business of Muzu's owner - Our Digital Universe Ltd. - will be wound up on October 22 in its home city of Dublin. The free online music video service available in 23 countries and was fully licensed by the major labels and independents, splitting advertising revenue 50/50 with rights-holders - although some labels told MBW that they have not been paid by Muzu for "the past few months".
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