RIAA Supporting Commercial P2P

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.'"

Comments

Ooh I can't wait

[Anonymous Coward]

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

SIGN ME UP!

double dip

[udderly]

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.

Re:Thanks but no thanks

[Bimo_Dude]

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

Re:Thanks but no thanks

[david.given]

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

A Modest Proposal

[ZackSchil]

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.