Any owner of copyright can license anything. What changes is whether you can control anything as a copyright, or if you try to monetise the anarchy. It#039s very easy to point fingers at the record industry, but the people on the Napster side of the desk have crossed and are trying to find legitimate ways of making P2P work.

The industry has to trat the Net like radio and TV – being able to track transaction and grant licenses. It#039s an impossible situation where, as a lawyer you have huge numbers of contracts, when there really ought to be a blanket contract.

Imagine trying to license the BBC and Channel 4 without a license?