Grooveshark To Appeal Latest Legal Defeat

Following last week's defiant response to its major loss in court, embattled music streamer Grooveshark is now promising to appeal the ruling, saying it is “preparing for the appeal process.”  Appeal may be the company's last best option.  As I wrote last week, paying the likely penalties and fighting of  the inevitable lawsuits from other labels, publishers and artists would likely cripple the company. Industry observers are asking: 

1) Can Grooveshark survive the fines and court costs that will inevitably flow from this and subsequent lawsuits?

2) With this victory in hand and so many alternative music services who followed their playbook, will all of the major music industry players be motivated to forgive Grooveshark and cut longer term deals with the upstart?