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RIAA Supporting Commercial P2P

Posted by Zonk on from the effective-marketing dept.

cgibby98 writes "The AP reports: 'In the last few months, major record labels have signed licensing deals with companies working to field file-swapping services that would block unauthorized files from being traded online.' Most interesting is a service called Peer Impact, which 'can be used to find and purchase tracks from an initial catalog of a half-million songs from all the major labels.... After a user buys a song from Peer Impact, future buyers get it from that member -- or others who have gotten it in the meantime -- instead of from a central server. Users have to pay for each track they download, but sharing songs they've purchased from Peer Impact earns them credits they can spend on the service.'"

9 of 307 comments (clear)

  1. Ooh I can't wait by Anonymous Coward · · Score: 3, Funny

    wait so they get to use my bandwidth and charge me per song?

    SIGN ME UP!

  2. So.. by Turn-X+Alphonse · · Score: 2, Funny

    So it's bit torrent but they charge you for it?

    "Here, have a nice MP3, it'll costyou X amount of bandwidth and $1"

    Yea I see THAT working.. cough..

    --
    I like muppets.
  3. double dip by udderly · · Score: 5, Funny

    Wow--looks like they've found a way to get paid from one customer for using another customer's bandwidth. Oh well...it's good work if you can get it.

  4. I will file a lawsuit by Anonymous Coward · · Score: 1, Funny

    After a user buys a song from Peer Impact, future buyers get it from that member

    Can I sue the RIAA for this travesty?

  5. Re:Thanks but no thanks by Bimo_Dude · · Score: 4, Funny

    I'm not going to pay a dollar + bandwidth and get only 50 cent in return ;)

    --
    "Teleporting Rodents with D-Cell Battery Displacement" theory -- IgnoramusMaximus (692000)
  6. profit! by Wizard+of+OS · · Score: 2, Funny

    1. buy all songs currently in top10 from your 100mbit university connection
    2. wait untel the rest of the world downloads them from you, where you earn credits
    3. you buy more songs, but now with the credits
    4. people download more songs from you
    5. repeat step 3
    6. profit! (or at least, free legal songs).

    For RIAA, this can only work if they give very little credits to uploaders.

    --

    --
    If code was hard to write, it should be hard to read
  7. Re:Thanks but no thanks by david.given · · Score: 4, Funny

    50 cent is even less popular in the UK; here, he's only 27 pence.

  8. A Modest Proposal by ZackSchil · · Score: 4, Funny

    1.) Set up service with the downsides of buying music (having to pay, shitty RIAA-only selection)
    2.) Match that with the downsides of peer to peer file sharing (having to upload, disorganization, no physical cd)
    3.) Slap on some draconian Microsoft DRM for good measure
    4.) ???
    5.) Chapter 11!

    Note: Step 4 may or may not be an earthquake caused by everyone on the planet going "huh?!" at the same time.

    Also, I needed a title for the post so I made a random one and now all I can think of is eating babies.

  9. Nice firewall tip by antxxxx · · Score: 2, Funny
    There is a good tip in their FAQs. The capital letters were put in by them
    Therefore, to MAXIMIZE YOUR EARNING POTENTIAL, you should really make an effort to open your firewall