Tuesday, July 12, 2005

iMesh Announces Distribution Agreement with SONY BMG MUSIC ENTERTAINMENT

BUSINESS WIRE: The Global Leader in News Distribution: "Slated to roll out this year, the new iMesh will offer consumers a broad selection of easily accessible content of all genres to be discovered, shared and enjoyed within an active P2P community. Authorized content will be available through ala carte downloads and a subscription sales plan, allowing users unlimited music downloads, for a low monthly fee. The iMesh site will also open access to a large pool of content culled from multiple sources, including the Gnutella network, that will remain available for unlimited downloads that are free to the user. The iMesh community will be able to search, sample and download a growing selection of more than 15 million tracks as part of a shared experience. To further assure the compensation of rightsholders, iMesh enables a confirmed rightsholder to register their content and make instant claim for protection and compensation for their works under a mutually agreed formula. "

These iMesh and Snocap P2P deals are interesting, in that it creates an open trading post for unsigned artists and small indies to get there stuff out there, but without a compelling discovery/recomendations engine I don't think it is going to help the average user much. The good news for these companies is that they may be able to get thousands of small artists advertising their solution.... "look for us on iMesh!".

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