Friday, June 2, 2006
AllofMP3.com Stakes Get Higher
Posted by Jason Dunn in "NEWS" @ 10:51 AM
"Rising consumer popularity is turning AllofMP3.com, a music downloading service based in Moscow, into a global Internet success story, except for one important detail: The site may well be illegal. So great is the official level of concern about AllofMP3 that American trade negotiators darkly warned that the Web site could jeopardize Russia's long-sought entry into the World Trade Organization. Operating through what music industry lobbyists say is a loophole in Russia's copyright law, AllofMP3 offers a vast catalogue of music that includes artists who have not permitted their work to be sold online — like the Beatles and Metallica — at a fraction the cost of services like Apple Computer's iTunes service."
The story continues to evolve - I have a strong feeling the Russian government is going to step in shortly to drop the hammer on AllofMP3.com if it's going to impact larger issues.
The story continues to evolve - I have a strong feeling the Russian government is going to step in shortly to drop the hammer on AllofMP3.com if it's going to impact larger issues.
