Playlouder is offering the first legal alternative with a comparable experience to the "peer to peer" file sharing sites often used to swap pirated tracks.
Subscribers will be charged £26 a month for a high speed broadband internet connection, similar to the price charged by BT, with the added attraction of being able to share as much music as they want with other subscribers at no extra cost.
After signing the UK licensing deal with SonyBMG, whose acts also include George Michael, Bruce Springsteen and Dido, Playlouder's chief executive, Paul Hitchman, is confident that its big rivals will follow suit.
It has already signed deals with dozens of independent labels affiliated to the Association of Independent Music, representing artists such as the White Stripes, Franz Ferdinand and Dizzee Rascal. AIM's chief executive, Alison Wenham, said the idea was a "simple but radically different solution to the means of accessing music on the internet".
Whoa, whoa, whoa. How is this helping anything? The reason that downloading music is "illegal" is because the artist will starve if we don't buy their stuff. But I would guess that this deal with Sony and the internet company will get the bands a total of no dollars. So people are sharing music and the artists are not getting compensated. What is wrong here?
Oh yeah, that’s right, when the RIAA says that they musicians will be broke if everyone file shares, they mean that the RIAA will go broke because of file sharing.
This is crap. As long as the music labels make their money they don't care what happens.
Playlouder claims that if all ISPs adopted its model, the record industry would make an additional £300m a year in the UK alone.