Altnet, one of the technology companies using peer-to-peer as a legitimate entertainment distribution platform, has announced deals with six additional labels.
LOS ANGELES (The Hollywood Reporter) -- Altnet, one of the technology companies using peer-to-peer as a legitimate entertainment distribution platform, has announced deals with six additional labels.
Altnet president Lee Jaffe says the deals indicate an understanding that music and video can be shared among fans at little cost to the distributor while preserving copyright integrity and business models.
Flexibility is another attraction, he says. Artists and labels can charge whatever they want for the material, including giving them away as a promotion, and can set their own rules for number of plays or amount of time.
The new clients are indie labels Epitaph Records (home of Pennywise and Tom Waits), Koch Records (Boyz II Men, Christine McVie), Militia Group (Rufio, Copeland), Palm Pictures (de Lata, Sidestepper), Side One Dummy Records (Flogging Molly, the Mighty Mighty Bosstones) and Vagrant Records (Dashboard Confessional, Paul Westerberg).
Attorney Douglas Mark, who counts Epitaph, Vagrant and Militia Group among his clients, says Altnet is a positive development for marketing and selling music. "Independent labels, who are in large part financially barred from playing the radio and MTV game, now have access, via their own digitally protected files, to the huge consumer base of P2P users," he said.
The announcements come during an ongoing deal between Altnet and the Vans Warped Tour to distribute and sell DVD-quality downloads of show footage the day after each concert takes place.