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It looks like the clock is ticking on what many have said is digital music sales done right (wherein “right” is music for ten cents on the dollar and no DRM) — Russian Web site and its client-side software allTunes. Apparently, MasterCard has joined Visa in blocking payment to ChronoPay, the intermediary that handled credit card transactions for the controversial site.

So, unless would-be customers can get their hands on a Diners Club card right quick, the loophole site will have much of its revenue base cut off. Then again, it might be able to survive just on Russian revenue. Without reimbursing labels or artists, one might call its overhead low.

Kevin Maney nails it by noting that it looks like Visa and MasterCard are deciding copyright law.