Korean P2P - The New Online Music Model

[GhostShip]

This looked an interesting article folks 

http://www.theregister.co.uk/2008/03/14/soribada_korea_legal_p2p/

Korea's biggest P2P operation Soribada has gone legal, finally obtaining government approval for its Orgel file-sharing service. Orgel, described as "Korea's Napster", lets users share unlimited amounts of DRM-free music files with each other for a small subscription fee.

The service was shut down in 2005 after action by the international record lobby group IFPI, following which the company changed tack. 18 months ago, it obtained the approval of major Korean collection agencies, and now an amendment to Korea's Regulation on Collection of Musical Works formalises the arrangement

The most intriguing thing about Orgel is that it challenges the major label view that unlimited download services destroy physical sales.
"IFPI mantains that if you give people this service, they'll download everything and stop paying," said Sanders. "This doesn't seem to be true."

Well worth a read