The company claims iNoize.com is different from other peer-to-peer networks, like Napster, because it allows sharing of streamed music only in a patent-pending encrypted framework as opposed to file copying.
"Our goal was to create a system that is secure, easy to use and so convenient there would be no incentive for users to violate copyright laws," said Craig Hamilton, president of the privately owned iNoize.com. "And, yes, my glasses are a little rose-colored. Why do you ask?"
Regarding licensing, he said the Vancouver-based techco was waiting for the U.S. Copyright Office to name an agent for collecting royalties on streamed music and will pay licensing fees retroactively.
"It could be a really cool service," a Napster loyalist said. "But let's not forget it's a Canadian operation. How many times do you really want to listen to Crash Test Dummies, April Wine or Saga? Need I say more?"
MUSIC REVENUE TOPPED $17B IN 2023: RIAA
Streaming subscriptions lead the charge. (3/27a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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