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Wednesday 31 May 2017

The founder of Napster changed his philosophy

The founder of Napster changed his philosophy

Naptser marked the history of the internet and the music industry with its file-sharing service in MP3 format in the 90's. After a legal battle that defied the chronicle, the site now works legally and positions itself As an online music store. Its founder, Sean Parker, also turns the page with a startup baptized Screening Room.

Sean Parker's idea is to offer movies rentals on their theatrical releases with a fixed price of $ 50. Instead of paying for his tickets, the user buys a $ 150 electronic gadget that allows the film to be viewed at home and with friends. But, it remains to convince the producers who fear an increase of the illegal copies and a diversion of the film. Whoever initiated the first p2p software works on antipiracy technologies. He recently filed eight patents, including a mobile device detection system and an audible signal authentication device. Sean Parker has also developed a technology that fights Peer-to-Peer (P2P) and leaks content in the public domain.

The startup has already conveyed this concept to the giant of the film industry like Universal, Sony and Fox who seem interested. Generally, distributors receive 20% of revenues while Screening Room receives 10%. In addition, cinemas will reap a share of more than 20%.

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