March 3, 2005 6:08 PM PST
Labels seek to block Altnet revenue-share
Record labels have asked an Australian court to block peer-to-peer company Altnet's ad-revenue-sharing program.
Altnet said earlier this week that it would share advertising dollars from Kazaa parent Sharman Networks with any record labels that agreed to sell music through its peer-to-peer networks. Record labels, which are suing Sharman Networks in Australia, are now asking a judge to block distribution of those advertising revenues.