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File-Sharing Pioneers Now Selling Music
we have won
Mind you - Niklas Zennstrom and Janus Friis are the one who created Kazaa. Funny how it turned out now despite of ugly legal battle in the past. I'm glad that RIAA/MPAA finally realized their own gaffe and greed that have gotten them to nowhere. Their reason has been wrong all along. Their corporate profits were dwindling down was NOT because of piracy.... it's because they did not stay abreast with the technological trend.
Mr. Friis said that during the years spent in courtrooms and across negotiation tables, he and Mr. Zennstrom developed good relations with music industry executives. “You gain a certain respect for each other, through a good fight, so to speak,” he said.
Michael Nash, an executive vice president for digital strategy at the Warner Music Group, which has licensed its catalog to Rdio, said the duo’s history creating free file-sharing tools had been forgiven amid the industry’s search for a business model, as CD sales continued to decline.
“We resolved the past,” Mr. Nash said. “These guys are focused on the future.”
“The sale of DVDs once drove the movie business, but a lot of people don’t care about owning DVDs anymore,” Mr. Larner said. “We think that is going to apply directly to music.”
At the same time, music labels have become more flexible on licensing terms and no longer wrap individual songs in so-called digital rights management software, which often created technical problems for customers trying to get music services to work on various mobile devices.
we have won
Mind you - Niklas Zennstrom and Janus Friis are the one who created Kazaa. Funny how it turned out now despite of ugly legal battle in the past. I'm glad that RIAA/MPAA finally realized their own gaffe and greed that have gotten them to nowhere. Their reason has been wrong all along. Their corporate profits were dwindling down was NOT because of piracy.... it's because they did not stay abreast with the technological trend.