Grooveshark, a peer-to-peer music file-sharing community that brokers music transactions between members, is a service of Escape Media Group, Inc. By charging for the songs exchanged between members on its site, Grooveshark will compensate copyright holders and users while providing the convenience and selection of P2P file sharing in an online music community. All Grooveshark users are able to play the songs they purchase on any type of computer or digital music player. By leveraging the advantages of many of the current industry leading P2P networks, and adding their own spice to the recipe, EMG is creating a system that is truly beneficial to music fans, artists, and creative rights owners.
Grooveshark also offers social networking features and on-demand unlimited streaming, as well as easy-to-use functionality. A small application handles uploads and downloads, as this is necessary in order to manage the p2p nature of the site.
More at:http://www.grooveshark.com/
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