Monday, January 29, 2007

Russian Tycoon to make AllofMp3.com Legal

AllofMp3.com is by far the most popular Russian Mp3 Site and also has by far faced the most scrutiny. Although their legal status is ambiguous, they offer a wonderful product—DRM free music files in almost any format and of almost any quality.

From Electronista,
"Online music store AllOfMP3 maybe subverted through a corporate buyout, according to a report today by the research firm Music Ally. The analysts indicate that an as yet unnamed "influential and wealthy" Russian tycoon has been pursuing the direct download shop and intends to legitimize its often questionable licensing scheme by taking control of the company. The businessman is working on behalf of music labels and publishers that believe AllOfMP3's extremely low-priced downloads skirt the edges of its home territory's law, Music Ally's researchers claim. If successful, the takeover would be followed by new licensing deals obtained directly from the labels themselves."

Since they already have a sophisticated infrastructure for selling music files in place, AllofMp3 could turn into a nice indie music store, but its sketchy past might make getting any licensing deals awfully hard. I find it hard to believe that AllofMp3.com will be able negotiate a deal with the RIAA, who has sued them for 1.65 trillion in America. If they go "legal", Allofmp3.com will probably only sell music from independent labels (unless they too want money for music Allofmp3 has sold).

3 comments:

Anonymous said...

I've also found mp3 site Iomoio.com. They got lost of rare and Hard-to-Find tracks. Only annoying part is that you can't download all mp3s you've bought in 1 file, you have to dl each mp3 manually. Otherwise site is great.

Ref said...

Iomoio is the best with that 100% bonus

Ref said...

actually they do have zip archive download option