iMesh, the long established peer-to-peer (P2P) music service that reached an early settlement agreement with the recording industry, today announced a fully authorized P2P business model and the upcoming launch of the newly configured iMesh. Following today's Supreme Court ruling on MGM vs. Grokster, the company is the first and only globally active P2P to offer a sanctioned model that will incorporate many user benefits common to the P2P file sharing experience, while assuring compensation to registered rightsholders.

As a principle performance feature, the new iMesh, slated to roll out this year, will offer a deep selection of easily accessible content of all genres to be discovered, shared and enjoyed within an active community.

iMesh founders Talmon Marco and Ofer Shabtai announced that they have appointed the former President of Sony Music International and President, RCA Records, Robert Summer to the post of Executive Chairman. Summer will oversee all aspects of the operation and liaise regularly with music industry partners to assure the performance and integrity of this new digital music venture.

The new iMesh, which will roll out features through phased introductions this year, will offer consumers authorized content through ala carte downloads and a subscription sales plan including content from major record labels. iMesh will also provide access to a large pool of content, culled from multiple sources including the Gnutella network that remain free of any claim of rights. The first stage introduction will include an easily implemented feature that enables a confirmed rightsholder to make instant claim for protection and compensation for their works under an agreed formula. In aggregate, the users signed to iMesh will be able to search, sample and download more than 15 million tracks.


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