Music Industry Develops Centralized File-Sharing System

pearljam145 writes "A new file-sharing standard designed to distribute copyrighted music and movies legitimately has been developed by a technology consortium. The system could deliver any content format to any computer, and users might even earn rewards points for sharing the files. Using the new standard, computer users could share small files containing information about music, video or other data, but not the content itself. The Content Reference Forum (CRF), founded by Universal Music Group backed by technology companies including Microsoft, is hoping the sharing file standard will be adopted by technology companies and incorporated into software music players."