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Peer to Peer Technology Part 3.
It has grown from a virtual unknown company to over 65
million users in less than two years with no major media marketing.
Napster, is a file swapping software that has enabled
Internet users to share music files directly from their hard drives with
each other in the popular MP3 format. It has caused much debate and legal
action in the hi-tech and music industry. Mostly because it enables people
to get music by file swapping with each other without paying fees and
royalties to record companies and artists. In this case peer-to-peer technology
has become a revolutionary form of music distribution that has taken the
music companies and record stores out of the loop.
While this new distribution form has rocked the traditional
record industry many independent artists welcome its development. Even
some major music icons like Madonna, Prince, and Chuck Dee extol the use
of the new technology.
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