Monday, December 22, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
North Korean Internet Otage Fuels Speculation
Semiconductor Market Set for Strongest Growth in Four Years in 2014
New Asus Dual-camera Zenfone Coming At CES
Samsung Introduces SE790C Curved Monitor
Chinese Motion-sensing VR Glasses Coming On Kickstarter
Kodak Returns To CES With Consumer Product Line
North Korea Suggests Joint Inverstigation With U.S. Over Sony Hacking
T-Mobile to Pay $90 Million To Settle Case With FCC
Active Discussions
Digital Audio Extraction and Plextools
Will there be any trade in scheme for the coming PSP Go?
Hello, Glad to be Aboard!!!
Best optical drive for ripping CD's? My LG 4163B is mediocre.
Hi All!
cdrw trouble
CDR for car Sat Nav
DVD/DL for Optiarc 7191S at 8X
 Home > News > General Computing > Record ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Monday, December 06, 2004
Record labels cut deals with file-sharing companies


The major record labels, which refused initially to deal with the emerging online song file-sharing technologies, have turned over a new leaf.

Shawn Fanning, who invented the original Napster in a dorm room in 1998, Thursday announced his new firm, Snocap, which offers record companies and independent artists a vehicle to make money from their music traded on so-called peer-to-peer (P2P) services. Universal Music, the world's largest record label, has signed on to use his technology, and Fanning says he's in advanced discussions with other labels.

Wayne Rosso, former CEO of file-trading service Grokster, is launching a P2P service in January, MashBoxx. Sony BMG Music Entertainment is reportedly making its music available to MashBoxx, which will use Snocap's technology.

Rosso wouldn't comment on the Sony BMG alliance, but did say, ''For two years, I shot my mouth off about wanting to be licensed by the majors, and they wouldn't talk to me. Now they're seeking me out to set up meetings.''

He chalks up the changed attitude to recent court losses for the industry -- the labels' lost efforts to litigate Grokster and others out of business -- and the continuing popularity of file-sharing.

Fanning says the original Napster soared not because the music was free, but because users for the first time had access to an unlimited array of music.

Apple's online iTunes store has more than 1 million songs, ''which sounds like a lot, but it's about on par with the average record store,'' he says. ''If we can legitimize the P2P market, and continue to have the broadest selection, there's no limit on how big this thing can be.''

According to Internet measurement service BigChampagne, about 1.4 billion songs were available for unauthorized free trading in October, despite a wave of lawsuits against song swappers by the recording industry. Nearly 7,000 lawsuits have been filed since 2003.

Fanning, 24, has devised a way to put major and independent label content onto file-sharing services, ensuring users high-quality digital music files. Tracking information prevents trading and routes payment to the labels. The songs are wrapped in Microsoft copyright protection and can't be transferred to Apple's popular iPod MP3 player without first transferring to a CD.

Rosso says songs on MashBoxx will be available free but on a limited basis. He says he's working on ways to turn listeners into customers. A song might play only a few times before requiring a listener to pay to own it, for instance.

Michael McGuire, research director for market-tracking firm GartnerG2, calls it ''encouraging'' that labels are embracing file-sharing after so many years of trying to litigate it out of business.


Previous
Next
HP, Veritas In Virtualization Deal        All News        Nintendo sells 230k DS units on Japanese launch day
HP, Veritas In Virtualization Deal     General Computing News      Report: IBM's PC business up for sale

Source Link Get RSS feed Easy Print E-Mail this Message

Related News
France Proposes Tougher Anti-Piracy Laws
Copyright Alert System Set to Begin in The U.S.
British Music Industry To Block More BitTorrent Sites
CCI To Dealy 'Six-strike' Anti-piracy Campaign Until 2013
U.S. Copyright Surveillance Machine About To Be Switched On
Megaupload To Launch Again next Year
Torque Brings BitTorrent To The Browser
BitTorrent Lauches Paid Version Of µTorrent
New EU Law Precludes ISPs To Be Forced to Monitor P2P Users
BitTorrent Launches μTorrent 3.0
BitTorrent Updated With Personal Content Channels
The Pirate Bay Becomes Research Bay

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .