Crenk

P2P music sharing and sales service Grooveshark has raised their level of compensation for sharing music from 10 cents to 25 cents a track, their entire profit on each sale. Users upload their music to Grooveshark, and any member can listen to those tracks for free. If they want to download a song, they can purchase it DRM free and the user who uploaded the song gets a cut of the sale; previously this was 10c and now its 25c. The remainer of the 99c sale goes to the record companies; the service is legal and Grooveshark has agreements with the record companies to provide the service and to cover copyright obligations.

I dont see how this program can actually succeed! I really need someone from Grooveshark to explain to me the finer details. As far as i know it runs the same as any other P2P, where companies and users each run their files from a folder on their computer and thus allowing other users to purchase audio tracks, movies, etc. How is Grooveshark going to monitor copyrights on songs for example, because i know a lot of people out there have illegally downloaded songs on their computer and if they are in the same folder that Grooveshark is using how will they track it all and keep control? Especially also considering a user could change the name of the songs in their folder and then make it more suceptable to being accepted at owning a copyright.

Finally, why would i want to purchase from a P2P network when currently I can head over to LimeWire and get it all for nothing??