
Fanning has more than a look of Ashley from Corrie here, doesn't he?
"The internet will become a much richer resource for music fans everywhere," said Shawn Fanning, commenting on the deal.
He added: "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."
Record labels view the technology as a way to turn peer-to-peer networks into profitable distribution tools.
The current model of online music distribution is expensive - relying on large, costly servers, requiring huge amounts of bandwidth to serve potentially millions of people.
Utilising peer to peer networks would be an inexpensive system of distributing music to customers.
So... hang about a minute: this is meant to be making the music experience better and richer for us, the consumers - and yet all it really does is allow the music industry to use the peer to peer systems they've been pursuing like harpies for the last five years to sell their music while we pay for both the music and the bandwidth? I don't quite see what we're getting out of this - unless, maybe, without needing to maintain "expensive" servers and shell out for telephony, and no longer requiring intermediaries like iTunes to take a cut, the cost of songs per track comes down to something like ten cents a pop. And that doesn't seem likely.
Ashley & Tyrone's lovechild, I'd have said...
ReplyDeleteEleanor G