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Lime Wire CEO Talks Music Industry & Company's Future

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to establish its reputation as a truly legitimate player in the online music industry. They have the LimeWire Store, as well as the recently announced more social version of the file-sharing service, LimeWire 5. 

Chris Crum: Obviously file-sharing programs are often shed in a negative light with constant legal issues from the RIAA, MPAA, etc. What's the picture looking like on that front these days? Has the tension eased, strengthened, or remained basically the same?

George Searle, Lime Wire CEO' />
<strong>George Searle: </strong>I am encouraged, on the one hand, to see the music industry move away from their failed strategy of suing individuals, but discouraged, on the other, that their focus has not yet shifted from limiting customers. Having ISPs police and disconnect file sharers will do nothing to help the industry's position; nor will it put a single penny into the pockets of artists, songwriters and publishers.  The challenge of making money in the digital world will require a more thoughtful process and sensitive, respectful, approach to users.  Lime Wire would like to help the music industry introduce a full range of commercial services to monetize file sharing and harness, rather than alienate, music consumers.<br />
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<a href=Comedy Central CC: Lime Wire has been forming partnerships such as with The Orchard, IODA, Redeye Distribution, Nettwerk Music Group, IRIS and even Comedy Central. Are there any other big name content partners in the mix at this point?

GS:  We're very encouraged by our current partnerships, and are working with some of the best here.  We continue to expand these partnerships and work more closely with the partners we currently have. The total number of songs available in the LimeWire Store is now over two million, and greater success will attract further partnerships.  As we've said, we look forward to the day we can work together with the entire music industry to help expand their reach and deliver more to the consumer. We're optimistic that this will happen

Read my interview with Justin Ouellette, CEO of Muxtape, another important player in the online music industry.

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