Pitchfork reports:

MP3.com, a keystone of the digital music revolution, will be suspending operations and deleting all hosted content including music, images, links and artist pages as of December 2nd, according to reports in the Los Angeles Times and elsewhere. After successfully ligitating the shit out of the popular hosting-and-download site in 2001 (for hosting copies of copyrighted files that could only be accessed by users with legitimate copies of CD’s), Vivendi Universal had originally acquired the company in a $372 million cash-and-stock deal. However, amid falling corporate profits and MP3.com’s failure to transform into a successful platform for paid downloads, Vivendi shuttered the European arm of MP3.com and put the domestic operation up for sale this summer.