Bolt.com is Bolted

It shouldn’t come as a surprise: Bolt.com, the beleaguered online video site is shutting down. The site had been sued by Universal Music Group, and then sold itself to GoFish for $30 million in February 2007. Earlier this month, We had earlier reported that the merger was coming unglued. It was clear that it was only a matter of time before Bolt.com was going to be shuttering its operations.

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