Word: napstering
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...final footnote in the Napster story: If Napster is successful in becoming the enabler of the digital jukebox, it will most likely have to abandon the "special sauce" that made it so successful, P2P file sharing. Napster pioneered P2P as a workaround to the objections of the recording industry, which would have rather brought back disco than allow one Metallica track to be downloaded. Now that the industry has (belatedly) jumped on the musical broadband bandwagon, there's no reason for Napster to stay P2P. As users know, MP3's on Napster are often misidentified and of poor quality...
...Napster revolution may already be over. Long live the Napster revolution...
...mainstreaming of Napster - and the capitulation of Big Music to the looming future of a music business without $15 plastic discs - began Tuesday with a surprise deal between the online free-music outlaw and German publishing giant Bertelsmann (home of BMG, one of music's Big Five). The upshot: Napster just changed the "free...
...show begins," said Thomas Middelhoff, chief executive of Bertelsmann. "We have to evolve Napster and make it the best service available to people who love music." By "best," of course, he means "best one that doesn't rob record labels of their marketing investment and artists of their royalties" - heck, BMG's (and the other Big Four's) suit against the Napster site is still on; a San Francisco judge's ruling is expected...
...Under the deal, BMG will pull out of the Napster case as soon as the company develops a for-pay version of the service that accommodates the rights of copyright holders. Bertelsmann will also chip in with a loan in the tens of millions - most of which will be sunk into developing song- and user-tracking technology, which is how royalties will be toted up - in exchange for options on as much as 58 percent of Napster...