When MediaNet Digital Inc. (then MusicNet) formed in 2001, it billed itself as a 'legitimate' alternative to hubs for illegal downloading. Since then, MediaNet has spent $130 million in royalties
Digital Music Provider Can Operate During Court Dispute
Like most 'legit' digital music services, MediaNet has yet to make a cent in profit. In fact, MediaNet offers a fascinating example of the recording industry's struggles to adapt to the digital age.
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