Music labels back p2p start-up
p2pnet.net News:- You’d think it was the second coming.
Three members of the Big Four music label cartel have selected Wurld Media as their means of getting into the p2p download business, with the fourth almost certain join in.
Warner Music, Sony-BMG Music Entertainment and Vivendi Universal’s Universal Music Group are leading the way with EMI lurking in the wings.
There’s no information on what Wurld’s Peer Impact is all about, but the fact three of the Big Four have chosen it to, “provide a clear, legal alternative for consumers to buy and share music, video and an assorted variety of digital content” is enough get the mainstream media fired up.
That Big Music could years ago have done a deal with any or all of the p2p companies with experience and existing user bases is ignored.
The cartel is following its Standard Operating Procedure of selecting unknown and easily manipulated businesses to spearhead its schemes.
The usual suspects are picking the story up nicely, and even Wired says “P2P Tilts Toward Legitimacy” as if p2p was illegal in some way,.
The Peer Impact slogan is, It Pays to Share, and apparently, it’s “built by and for the fan”.
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See:-
Pays to Share – Corporate p2p network?, p2pnet,, November 24, 2004
November 26th, 2004 at 2:47 am
If they were honest they would rename the slogan to, “You Pay to Share”.
Drake