Bitmunk Officially Launches

According to Bitmunk's website, the company officially launched its music network yesterday. The network, which is almost a year old now, gives artists and labels complete control over their content and copyright owners are allowed to manage royalties, descriptions, and licensing options. In a way, Bitmunk's business model builds upon Shared Media Licensing's WEEDSHARE - by compensating people 'to do the right thing' and could be well positioned to take off in the near future ... For a clearer picture of exactly what the company is offering and what makes them unique, here are 2 summaries.

• The Fairest Digital Music Business Model
  
• Bitmunk Stretches Definition of Copyright-Respecting P2P