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We now know the price that British racing is asking their bookmakers to pay for becoming an authorised betting partner for digital horseracing.

This past autumn, the policy was announced as one way to capture some of the approximate 30 million that is not being contributed to the levy. The policy immediately draw the ire of a large number of bookmakers in the United Kingdom.

Bookmakers who will route their digital horseracing business via offshore means will be required by British racing to contribute 7.5% of their gross wins to the 2016-17 levy.

Only a handful of bookmakers in United Kingdom, among them Betfair, bet365 and 32Red have put their signature under theĀ  new policy which gives preferential treatment to those participating. Those bookmakers who are not participating expect overall disadvantages including but not limited to potentially being barred from accessing racecourse press rooms and parade rings.

British horseracing groups Arena racing company, Jockey club racecourses along with several others to get away racecourses Chester, Fakenham and Newton Abbot are currently backing the initiative by the ABP. Tracks such as York and Pontefract will continue to work with sponsors who are not part of the ABP but not grant sponsorship to new bookmakers who didn’t sign the new policy.

Those book markers that signed are more also be granted a kite mark to show that they support the initiative and horse racing in the United Kingdom.

Musicbusinessworldwide.com is reporting that Grooveshack, the audio streaming service which was notorious for copyright infringing from streaming audio over the Internet has shut down.

Founded more than seven years ago, the streaming service recently made headlines with the trial over damages with Universal Music. The court has now spoken the verdict. The former streaming service is now in settlements with several major music labels. As a result of the trial, Groovesh has also agreed to shut down its operations immediately.

The settlement not only required the founders of the streaming service to cease the services immediately but also means that should the founders ever infringe copyright again they would have to pay around $75 million in damages.