Sony BMG in talks with filesharer
The BPI says downloaders spend less on albums and singles
Sony BMG, the world's second-biggest record label, has acknowledged that it is talking to file-sharing service Grokster about collaboration.
Chairman Rolf Schmidt-Holtz told a panel discussion in Germany that the talks were "at the very beginning".
But, he said, his firm was aware it could no longer ignore the huge demand for file-sharing.
Grokster and similar services are often accused by the entertainment industry of encouraging music piracy.
Now, though, Sony BMG may want to get in on the act.
"We are noticing that there is huge demand for services like that," Mr Schmidt-Holtz told the panel on broadband internet hosted by German ISP T-Online, "and our intention is to transfer this demand into legal channels."
Source: news.bbc.co.uk/1/hi/business/4016653.stm
The BPI says downloaders spend less on albums and singles
Sony BMG, the world's second-biggest record label, has acknowledged that it is talking to file-sharing service Grokster about collaboration.
Chairman Rolf Schmidt-Holtz told a panel discussion in Germany that the talks were "at the very beginning".
But, he said, his firm was aware it could no longer ignore the huge demand for file-sharing.
Grokster and similar services are often accused by the entertainment industry of encouraging music piracy.
Now, though, Sony BMG may want to get in on the act.
"We are noticing that there is huge demand for services like that," Mr Schmidt-Holtz told the panel on broadband internet hosted by German ISP T-Online, "and our intention is to transfer this demand into legal channels."
Source: news.bbc.co.uk/1/hi/business/4016653.stm
