Fanning’s company has developed a range of tools that allow songs to be identified as they’re traded online, and lets those trades be turned into sales. Labels see the technology as a potential way to turn anarchic peer-to-peer networks into profitable distribution tools equivalent to Apple Computer’s iTunes.
The deal is the second for the young service. Late last year, Universal Music also agreed to put its catalog of music into Snocap’s song-identification databases.
Snocap’s technology “will help to curb copyright infringement, and will facilitate the creation of legitimate, authorized P2P services,” Thomas Hesse, president of SonyBMG’s global digital business division, said in a statement.
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