Soribada to convert: Better late than never

Filed in archive Companies , International by Marc on February 28, 2006

Soribada, a Korean P2P developer, will convert to an authorized paid service on April 1. The settlement includes a $8.75 million fine.

Soribada launched in 2000 with a server-based architecture like the original Napster. Unlike RIAA and Napster, the Korean Association of Phonogram Producers' (KAPP) legal progress was markedly slower. A multi-year suit finally resulted in the service being closed last year.

More from the article:

Law-enforcement officials ordered the local peer-to-peer (P2P) service pioneer to terminate their file sharing software and servers in November, 2005, two years after KAPP filed a suit against the company.

Soribada was developed in 2000 by Yang Jung-hwan and grew to become the most popular P2P music-sharing service in South Korea with more 22 million registered users.

Related Entries:

Soribada P2P to convert: Better late than never - 28 February 2006
Soribada Launches First Open Legal P2P Music Subscription Se... - 12 July 2006
Soribada Proves Legal P2P Market - 07 September 2006
Soribada Proves Legal P2P Market - 07 September 2006

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Response from: Digital Music - The Future

The Korean Association of Phonogram Producers successfully forced most P2P services there to stop unauthorized file sharing, including the largest service, Soribada. Soribada has now launched its legal paid service. Previously albums were about $.03 wi...

Response from: Digital Music - The Future

South Korean P2P service Soribada was forced to close its free P2P service. It re-opened as an authorized subscription service in July with signed contracts with 350 music rights holders. At its peak Soribada had 22 million free users. As...