March 18, 2008: LimeWire Tries to go Legal
2008 – The free peer-to-peer file sharing program who was under major fire decided to set up a fully legal DRM music store. With over 500,000 MP3’s from artists who are not on any major labels, the store allowed you to get lossless versions of this music. They planned a party at SXSW 2008 .
Downloads were on a pay-per-track pricing – from 30 cents (on up) per song. There were no mention of how much an artist could get from those prices. The RIAA was still going after the software itself at this point.
Ultimately on October 2010, an injunction was placed on the software and on May 13, 2011, Limewire settled for $105 million. Hence, the music service was also taken down.
Wikazine – Full show notes for March 18