One of the bigger names in peer-to-peer services Grokster has shut its doors. There is the promise of Grokster 3G but a much more likely, and apparently already complete, deal will see Mashboxx buying up Grokster. There’s a strong connection in the form of Wayne Rosso, who was the big cheese at Grokster. Mashboxx is due to launch a legal and label-approved P2P service very soon.

Details at Wired.