Major Labels and Kazaa Settle
The IFPI and RIAA, representing the major record companies around the world, have reached a global out-of-court settlement of international litigation with the operators of the Kazaa peer-to-peer (P2P) network. While the amount has not been disclosed officially, its been reported that Sharman Networks, the creators and distributors of Kazaa software, will pay more than $115 million in compensation to the recording industry. According...
SnoCap Announces Linx Direct-to-Consumer Download Service
With almost no promotion, SnoCap has debuted a new technology dubbed Linx, that allows bands to sell dowloads directly from their sites. Snocap, started by da O.N. (Original Napster) Shawn Fanning, offers a backend digital music platform for paid P2P platforms who want to sell tracks from the big 4 major labels, as well as some independents. At the core of the new service is an easy-to-use interface that allows artists and third...
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