PlayLouder MSP Hosts "Profit From P2P" Seminar And Announces License Deals
The award-winning UK company, PlayLouder MSP, the world╠s first music ISP, will tonight tackle the critical issue facing the global music industry - illegal peer-to-peer file-sharing - by hosting 'PROFIT FROM P2P.' In what is regarded to be a long overdue debate, PlayLouder MSP aims to approach the subject head on in an open and frank debate with a cross section of the national and international music community.
In October this year, the UK recording industry body BPI, commenced legal action against 28 British file-sharers. This followed similar actions taken by the IFPI against file-sharers throughout Europe and the RIAA in the US. This widely anticipated move has been described as the "stick" in a carrot and stick strategy by the recording industry. However, despite this threat of legal action, file-sharing has continued to grow across the world, and the carrot of licensed and legal P2P has until now been unavailable to consumers.
PlayLouder MSP today announces licence deals for its ISP service with the Association of Independent Music (AIM), the UK trade body that represents more than 800 independent record labels that together account for some 25% of all sales in the UK; VUT, the German independent label association that represents more than 900 labels; and Vital Digital, the recently formed digital distribution arm of leading independent distributor, Vital, which represents many of the UK's leading record labels.
The licenses authorise PlayLouder MSP to make available music through its ISP network for people to download and share freely and legally. In return, PlayLouder MSP pays a proportion of all its revenues back to the record companies.
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