YouTube ripping site YouTube-MP3 to close after record label lawsuit

YouTube-mp3.org -- "the easiest online service for converting videos to mp3" -- is closing down. The ripping site faced action from numerous record labels, but it has now come to an arrangement with the RIAA. The site is one of many that make it possible to convert YouTube videos into MP3 format, but it has piqued the interest of copyright lawyers. Millions of users meant the site was able to rake in ad revenue -- something the RIAA and record labels were less than happy about. An arrangement with the RIAA means YouTube-MP3 will close, leaving users looking for another… [Continue Reading]