LimeWire Developing New EcosystemAdded: Friday, June 25th, 2010
Category: Recent Headlines Involving File Sharing > Current Events
Tags:ET, p2p, Torrent, Piracy, Peer To Peer, Network, Hackers, Internet, BitTorrent, Google, utorrent, bitcomet, extratorrent, 2010, www.extrattorrent.com
LimeWire users are promised to have total and instant access to their whole library and folders across their desktop, devices, and also in the cloud.
Once the RIAA was handed a victory in its copyright violation case against P2P service LimeWire back this May, it became clear for everyone that the peer-to-peer network had no other choice than to offer its customers a new distribution model if the company is going to stay on the market. As its recent report says, the LimeWire’s executives intend to introduce a new subscription-based ecosystem which includes desktop and mobile applications, and provide both downloading and streaming services.
An unnamed representative for LimeWire assured that its customers will undoubtedly have total and immediate access to their whole library and folders through their desktop, devices, as well as in the cloud.
The new version of LimeWire will also enable users to sync with Apple’s iTunes and provide the ability to expand on people’s existing music libraries. After iTunes playlists and content are synced to the cloud, the customers’ preexisting libraries become instantly available to reach and stream to various connected devices.
The record labels collaborating with such a challenging upgrading, as LimeWire announced, receive the new service very warmly.
Probably the main obstacle for the company to overcome is not taking the decision on what form the service will take, but rather if it has the money to bring it to life, as the RIAA demands LimeWire to refund it substantial damages, amounting to millions if not billions of dollars. In addition to RIAA claiming the massive infringing conduct, recently NMPA (the National Music Publishers’ Association) filed a lawsuit with a court for its own reimbursement of equitable relief. So it can probably be too much for LimeWire to satisfy these claims and staying in business at the same time.
Another doubt is whether people would even be willing to pay for a new ecosystem the company is going to introduce, unless it was very cheap (like a couple dollars a month). As most people might be satisfied with what they already have (and most likely have it for free), there’s quite a question if anybody would express the desire to pay for something they don’t even need.
June 25th, 2010Posted by:
Friday, June 25th, 2010
|I'd stick with the free we already have :) Nice read tho.....Can't limewire just file bankruptsy?? I know sometimes you can|
|Looks like th RIA is going to have Limewire do all the work of setting up this service, then take it away as a settlement.|
|posted by (2010-06-26 00:39:03)|
|Yeah, as if. Limewire is trying to save a sinking ship. They have their backs against the wall and have no alternative but to start from scratch. @ menahunie, Do you honestly believe such a well established P2P service like Limewire will bust their balls to pay the RIA?|
|I know I sure wouldnt :)||
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