For years the music industry has seen P2P technology as the single biggest threat, claiming that file-sharers are responsible for billions of dollars in losses. However, P2P technology is also part of the music industry’s future. One of the major revelations in the music business, the streaming service Spotify, is actually one of the largest file-sharing networks on the Internet.
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Oxford University has decided to ban the music streaming application Spotify because it uses P2P technology. Although Spotify is completely legal, the University has banned the application because the underlying P2P technology allegedly turns it into a bandwidth hog.