Despite several ongoing legal battles with record labels, earlier this week, Grooveshark announced the launch of Grooveshark Presents, a new fan-sourced live music initiative. By tapping into their already established user base of over 30 million music fans, Grooveshark Presents is a way for Grooveshark to bring offline music events to their online audience. By consciously cultivating a network where content creators, broadcasters, and listeners can listen and discover music interactively, Grooveshark hopes to become a key player in the music streaming sector. "We seek to create a new standard for streaming music just as Netflix has done for Online...

More...