Sony to launch P2P music swapping network

In one of the most significant digital music announcements of the year, Sony BMG has partnered with British digital music outfit Playlouder MSP to make its music catalog available online. Subscribers will be able to exchange licensed music freely, in any bitrate they want, since a portion of the subscription fee goes to a digital pool which is divided amongst Sony and other artists. Playlouder MSP will supply the broadband connection itself, and attempt to monitor leakages.

Originally by The Register - Internet and Law: Wild Wild Web, 12:12 PM