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Soribada begins paid services

Soribada begins paid services

Soribada, the country’s most popular peer-to-peer music site, begins paid services today, gathering industry-wide attention on how the country’s first peer-to-peer pay music business model will reap success.

Soribada has been forced to abandon its free-service model and set up a new service that charge subscriber fees to cover royalties for record companies. The country’s three industry lobbies – the Korean Association of Phonogram Producers, Korea Music Copyright Association and Federation of Korean Art Performers’ Organization – have urged Soribada to adopt subscription systems from July 10 at the latest.

The online music distributor has offered subscription-based services on a trial basis, along with free-of-charge services, for the past several months.

Soribada users will be able to get an unlimited access to digital music files with 3,000 won ($3.1) per month. Fees for downloading an MP3 format song file will cost 500 won.

Jared Moya
I've been interested in P2P since the early, high-flying days of Napster and KaZaA. I believe that analog copyright laws are ill-suited to the digital age, and that art and culture shouldn't be subject to the whims of international entertainment industry conglomerates. Twitter | Google Plus

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