Legalising P2P is a sea change for the music business: instead of trying to end or control file-sharing, executives realise they merely have to make a profit from it to stave off oblivion.
Now Korea's biggest P2P operation Soribada has gone legal, finally obtaining government approval for its Orgel file-sharing service. Orgel, described as "Korea's Napster", lets users share unlimited amounts of DRM-free music files with each other for a small subscription fee.
The service was shut down in 2005 after action by the international record lobby group IFPI, following which the company changed tack. 18 months ago, it obtained the approval of major Korean collection agencies, and now an amendment to Korea's Regulation on Collection of Musical Works formalises the arrangement.
(You can have a peek here.)
Soribada, P2P, Korea, File Sharing, Online Sharing, Music Sharing, DRM, Legalise, Piray, Music Piracy, Pirated Music