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4 March 2005 8:48 by James "Dela" Delahunty
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Napster creator Shawn Fanning's Snocap tracking system has nabbed yet another major deal, this time with Sony BMG. Snocap is a copyright management and filtering system that can allow P2P users swap songs legitimately over P2P networks. Fanning's Napster was shut down year ago after US judges said it was breaking copyright laws; the service was later re-launched as a legit online music download service. Snocap has already nabbed a deal with Universal and is in talks with EMI.
Snocap tracks the trading of legitimate songs, which in turn allows the labels to charge for the music. "The internet will become a much richer resource for music fans everywhere," said Shawn Fanning, commenting on the deal. "This is an important step toward the growth of a digital marketplace where consumers can discover, share and purchase music from massively deep, almost infinite catalogues."
Snocap is exactly what the major record labels were seeking; a way to turn P2P networks into very profitable tools for distributing music at low costs. Current legal music stores online require a lot of bandwidth to sell music downloads to customers while P2P has some advantages. One advantage with most P2P networks is they are generally more reliable. Imagine if the iTunes servers all went down for a few hours, that's thousands of songs that won't be sold and when the servers went down, imagine how many users ended up with incomplete downloads?
Terms of the Sony BMG deal were not disclosed, but the record label said it had already started to register its content with Snocap's copyright management interface. "Snocap's technology will help to curb copyright infringement, and will facilitate the creation of legitimate, authorised peer to peer services," said Thomas Hesse, president of Sony BMG's global digital business division, said in a statement. Mashboxx is planning to launch a service based on Snocap later this year.
Source:
BBC News
Permalink to this article
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Related articles:
Social media networking giant imeem acquires SNOCAP (7 April 2008)
Former Napster founder isn't making much money in music licensing (13 October 2007)
Mashboxx gets Sony BMG deal (29 June 2005)
Snocap music registry now open to all artists and labels (13 June 2005)
Snocap gets EMI deal (5 May 2005)
Sony unveils cheap flash memory walkmans (8 March 2005)
Universal licenses its music catalog to P2P start-up (16 November 2004)
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| Discuss this article! |
| c4iscool (Member) 4 March 2005 9:27 |
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let's see how long this will last before some1 hacks the encryption. I think this may go belly up.
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| ogryzek (Member) 4 March 2005 10:55 |
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Let me see... So if I offer a catalogue of legit songs to be downloaded off my computer, at what point am I going to be paid for providing such valuable service?
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| Dela (Staff Member) 4 March 2005 11:05 |
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@ogryzek, whatever gave you that idea???? remember, we are just the low ignorant folk compared to the mighty elite at the worlds major record labels. We are simply maggots in comparison. There are no governments anymore, only corporations, we are their slaves, this is a new trend - e-slavery and it's not going to go away too quickly LOL
Good question mate, I can understand serving files on P2P networks for small time developers or independent bands/artists, but when it comes to serving songs on P2P networks for major labels who will get maybe 99c a track each time its downloaded is highly unfair. They will probably incorporate some stupid rediculous thing like "if you serve 1000 files, you get a whole track for free, DRM PROTECTED - WITH A LIFESPAN OF 30 DAYS"!!!
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| jacsac (Member) 4 March 2005 18:24 |
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I can't see paying the same price for downloads when I am sharing my bandwidth. Especially if you are required to upload during downloads. I pay $40 a month for my connection so I would need to be compensated. That's ok though because I will NEVER support MPAA or the RIAA unless they start selling blank media;) I totally agree with Dela about the corporate takeover of government. You ever hear Bush say anything bad about a corporation? The only difference between Bush and Kerry is who is pulling the strings. bastards.....
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