Sharing Music, Legally

ONCE THE BANE OF THE MUSIC INDUSTRY, NAPSTER'S FOUNDER IS NOW ITS BIGGEST ALLY

The record industry's public enemy No. 1 has become its new best friend. Shawn Fanning, the teenage techie turned Internet icon who at 18 began designing Napster in his Northeastern college dorm room--firing the opening salvo in what would become a revolution in the music industry--has launched a company to, of all things, protect intellectual property. Snocap aims to solve the very problem that file-sharing service Napster helped create, by identifying copyrighted music and preventing it from being swapped unless the user pays. And get this: 27% of Snocap's employees are Napster veterans; chief operating officer Ali Aydar was Napster's first...

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