Wednesday, October 17, 2007

P2P Music Sharing Service Grooveshark Ups Compensation

TechCrunch writes about social music site Grooveshark:

Grooveshark is an interesting service that we’ve not covered previously, but has been reviewed by CrunchGear. Users upload their music to Grooveshark, and any member can listen to those tracks for free. If they want to download a song, they can purchase it DRM free and the user who uploaded the song gets a cut of the sale; previously this was 10c and now its 25c. The remainer of the 99c sale goes to the record companies; the service is legal and Grooveshark has agreements with the record companies to provide the service and to cover copyright obligations.

Read more here

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