MP3 Inventor Develops Tool to Fight digital audio Piracy

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Thanks to the Fraunhofer Institute, inventors of MP3 audio compression, stealing digital audio music will be harder and even more risky! Music piracy has it’s pros and cons: unknown artists get noticed faster – well known artists lose millions, but in the end I figure the listener will steal anyway. This new software system, based on the group’s own digital watermarking technology, for tracking pirated audio files in peer-to-peer file-sharing networks will for the first time be used in a system to automatically track pirating in P-to-P networks. Yikes!
So “If, for instance, you purchase and download a CD, burn a copy and give it to a friend and that person puts it on a file sharing network, our system will trace that digital audio back to you and, depending on the legal system of the country you’re in, you could be [hit] with an expensive fine,” Kip a spokesperson for the institute says. “This could certainly help deter online music piracy.”
(yahoo news)