Janus Friis is hoping to build bridges with the record business.

The co-inventor of the once-vilified peer-to-peer file-sharing network Kazaa will have the opportunity to get up close and personal with the industry when he delivers the keynote speech at January's MidemNet confab.

When asked how he expects delegates to respond to his presence, he tells Billboard.biz: "We think people liked it because it was fun. But we've all settled the litigation. And the industry also knows we don't want to end up in another lawsuit."

Between 2002 and 2006, Kazaa - developed by Friis with his business partner Niklas Zennstrom -- was used by subscribers to download tens of millions of music files illegally.

Following its sale to offshore company Sharman Networks and other operators of the technology, Kazaa became the subject of protracted lawsuits filed by the major labels, publishers and motion-picture companies for encouraging users to infringe copyright.

In 2006, Sharman Networks and the other defendants reached a $115 million out-of-court settlement with the plaintiffs. And Kazaa has since been emasculated and reconfigured to prevent downloading and sharing of copyrighted works.

Friis and Zennstrom now operate Internet-TV service Joost, which features authorized music programming. Joost's growing reputation has led to Friis' invitation to be a keynote speaker at the international digital-music forum MidemNet in Cannes, from Jan. 26 to 27.

He adds: "Although there might be a residue of skepticism in the industry, we know they are all looking for legitimate business models."

When asked whether it would ever be possible to monetize file-sharing, Friis commented: "We did try to monetize Kazaa. Unfortunately, the timing wasn't right. But the music industry is always looking for good new services to emerge, which is why we want them to know what Joost can do."