<   Prior Home         Share Blog Bloke     Share Blog Bloke Tips       Share to Twitter       Share to Facebook       Share to Twitter       Share to Google Plus       Share to LinkedIn       Pin this       Get Updates            
        Next   >  

Kazaa goes legit and pays for it dearly

P2P (peer to peer) networking will never be the same again. Like Napster, Kazaa has buckled under the onslaught of RIAA lawyers and legal fees.

Australian owned Sharman Networks has agreed to pay a hefty $115 million. In return it has given its scout’s honour to “go legal”, but so did Grokster, Scour and others, and nothing much has come of that.

Apparently the RIAA claims that each song transmitted via P2P networks is worth up to $150,000 (that’s called fuzzy math folks). Here is some of what they’ve made from P2P settlements so far:

  • Sharman/Kazaa: $115 million
  • iMesh: $4.1 million
  • Scour Networks went bankrupt
  • Grokster: $50 million
  • BearShare: $30 million
  • P2P users: $100 million (more fuzzy math)
  • If you’ve been reading me for very long you should know my position on all this nonsense. Is anyone else up for boycotting the RIAA?

    Niklas Zennström and Janus Friis (the brains behind Kazaa as well as VoIP upstart Skype that was recently sold to eBay for $2.6 billion) are pursuing a new venture that is focused on internet-based video and TV distribution.

    Ouch! That’s nice coin for starting a new venture and letting someone else take the heat. It puts a whole new meaning on the term ‘take the money and run’ don’t you think.

    Related links: instabloke, music, video, media, business, kazaa, peer to peer, p2p

    Written July 27th, 2006 by | 2 Comments | Filed under: Business Tips ,

    Thanks for Sharing     Share - enable java in your browser Share to Twitter            

    Did you enjoy this article? Keep up to date with Blog Bloke Tips the moment it's published by email. Your Privacy is Guaranteed and will not be shared with anyone.

    Keep it real with Blog Bloke Thanks for reading the original Blog Bloke. You can read more about me here. Contact me if you have any questions, tip requests or if you would like to be a guest blogger. Keep it real every day and subscribe to the newsfeed, share with friends or follow me.

        Subscribe to the Newsfeed     Share to Twitter     Share to Facebook     Share to Google Plus     Pin this     Share to LinkedIn

    Got an opinion? Let's be real and start a conversation:

    It's your turn to tell Blog Bloke what you think, ask a question or suggest another blog tip. Don't forget the comments policy and I'm looking forward to reading what you have to say.

    There are 2 Comments so far to “Kazaa goes legit and pays for it dearly”

    1. Yeah, I definitely don’t get how the RIAA arrive at those staggering figures. I guess it’s just easier to blame their decline in profits on P2P rather than take a look at their product and marketing/delivery methods. I’ve been boycotting the RIAA for a while now and will continue to do so.

        Reply   ·   Share Share Blog Bloke Tips  

    2. Good point biz, and you won’t see me buying RIAA music either.

        Reply   ·   Share Share Blog Bloke Tips  

    Share     Share this article with your friends

    Subscribe to Better Blog Tips Newsfeed   SUBSCRIBE to Bloke Bloke's Articles (Newsfeed)

    Subscribe to Better Blog Tips Newsfeed   Subscribe to only Comments for this Article | TrackBack URL

    You can also use these html tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>