Sony BMG signs deal with new file-sharing service

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Sony BMG signs deal with new file-sharing service

Characterizing itself (perhaps questionably) as the first file-sharing service of its kind geared toward legal transfers, Playlouder MSP, launching at the end of September, will let its customers share Sony licensed music with others on its network.

In return, Playlouder will pool some of its broadband subscriptions to share with music rights owners. The deal is seen as a groundbreaking move to use file-sharing legally.

Read the complete story(BBC News)