Oct 3 2006

Illegal Yesterday, Innovative Tomorrow

  • Written by amorefelina
  • 1 Comment

Right now, nearly 9 million file exchangers are busy doing their thing. At the same time, many companies are trying to avoid the “illegal” actions and push the legal and innovative themes with BitTorrent file trading.

Claims are that the music industry lost more than $4.9 billion last year in sales due to file sharing, not including revenue from lost video sales. What does this mean to the file sharing community?

Not much. Many say they will continue to download and share information. But, for copyright holders and content publishers, this means a lot. P2Market has developed a new way to share information by adding copyright control into the data transfer process. They have already worked with both Gnutella and BitTorrent and plan to move to other platforms.

A file can be downloaded/shared via the legal file exchange network only if the copyright owner sets the trade parameters and permits its distribution. It sets a price and nobody can share the file for less than the minimum amount. Does this limit file trading or make it more profitable for those seeing the loss?

Owners can register their copyrighted material on the P2Market website and there, set the trade parameters’ for the material.

How do you think this will impact file sharing? Do you think this opens the door to legal P2P trading and might be fruitful for those sharing, too, or is it another way to limit who trades and what they trade?

Digg It!!

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Comments

  1. slava1234

    As I understand it the main idea of P2Market is that users can buy and sell files between them. Users profit directly when distributing a file.

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