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Four years after shuttering the original Napster with a legal assault, recording companies are taking steps to legitimize the peer-to-peer technology that lets computer users share songs, video and other files online. The industry's actions reflect a new approach to the file-swapping: If you can't beat 'em, join 'em. Says one analyst: "There's only two options... find a way to license it and monetize it -- or you don't license it and it gets traded anyway."
June 24, 2005 at 12:00 AM
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The original version of this story was published on Law.Com
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