Nexicon to Launch System That Collects Revenue from Illegal File Sharing

The famous musician Frank Zappa is bak in the news. Allegedly he's being used to test a one-click system designed to claim payment to users who download music online through BitTorrent and other similar file-sharing services and networks.

Apparently, California based Nexicon is to propose its service to music companies by the end of the month. The company is also currently engaged in developing a version of the same service for YouTube and video file-sharing services.

The system works by auto-collecting data on content that’s being swapped illegally, searching for the IP addresses and email addresses and can be employed to send out a request for compensation to the downloader in question.

According to Nexicon's vice president of strategy, Sam Glines, the technology implemented by the company could announce the solution to p2p file-sharing. He thinks that through this system, musicians will finally gain from an income stream from this sort of activities.

I bet the record labels are going…hmmm…