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Three Big Music Labels Sign Up for Peer Impact
Los Angeles – Three of the Big Four music labels have reached licensing agreements to provide their music to the soon-to-launch Peer Impact network, a peer-to-peer service that enables legal music file-sharing. Peer Impact is being developed by Saratoga Springs, New York-based Wurld Media, which signed the pacts with Warner Music, Sony BMG Music Entertainment and Vivendi Universal’s Universal Music Group. A spokesman for Wurld Media said on Tuesday it is currently in talks with the remaining major label, EMI Group Plc. Peer Impact is currently conducting internal tests and plans to launch to the public in the first quarter… Read more »