Labels seek to block Altnet revenue-share
Found on CNet News on Thursday, 03 March 2005
Record labels have asked an Australian court to block peer-to-peer company Altnet's ad-revenue-sharing program.
Altnet said earlier this week that it would share advertising dollars from Kazaa parent Sharman Networks with any record labels that agreed to sell music through its peer-to-peer networks. Record labels, which are suing Sharman Networks in Australia, are now asking a judge to block distribution of those advertising revenues.
If they don't get any money, they whine, and if they get money, they whine too. There is simply no way to work with the music industry. All the time, you hear them rant about how P2P is illegal piracy and costs them millions, but as soon as someone comes up with a decent idea to pay the industry, they fight against it.