Friday, May 06, 2005

EMI SIGN UP TO SNOCAP

Continuing the frankly bizarre dual policy of trying to close down peer-to-peer networks and developing a business plan that relies on the same networks, EMI has signed a deal with Shaun Fanning's Snocap to use the 'fingerprint' technology to track potential legal, charged downloads through the networks.

"This sends a signal to music industry critics who claim we are technophobic," said EMI Music North America chairman and chief executive David Munns. "If anything, we are embracing technologies like Snocap, which allow the peer-to-peer community to share music legally."

But Mr. Munns, nobody thinks the record labels are technophobic - we simply believe that you're bloated, slow-moving and greedy and obsessed with discovering expensive solutions to try and keep prices of music artificially high rather than growing the market by junking DRM and reducing prices to a realistic level. Something the Snocap deal signals once again, if you think about it.


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