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

IIRC

[nsasch]

My cable ISP has something in their TOS that says I can not use my connection for profit (making money for my bandwidth). According to that, there's no way I can use this P2P legally if I get credits for my bandwidth which can be used to purchase things which normally cost a set amount.