Yep subject line says everything, the format is dead and no new licences will be issued to continue supporting or developing the format.
MP3 has had a truly remarkable run when you think about it, almost 20 
years and the format has ben at the heart of changing the way we listen 
to music.
Now there are more efficient formats such as AAC out there and Lossless 
compressed formats such as FLAC, storage space has increased and so it goes.
There will be people who use MP3 for a long time to come but those will 
become fewer as more people adopt other methods.


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"Live each day as if you were goiing to die tomorrow, learn each day as if you were 
going to live forever"


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