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The name was once associated with piracy but Altnet plans to launch a legal subscription music service that features music from the top labels.
Record labels have asked an Australian court to block peer-to-peer company Altnet's ad-revenue-sharing program.
The P2P company will split revenue collected by file-swapping companies with certain record labels.
File-swapping companies find themselves on same side as the recording industry in patent dispute.
In the music industry's suit against Sharman, owner of P2P software Kazaa, witness testifies about role of partner Altnet.
The company, which legally distributes files through Kazaa and other peer-to-peer services, has sent legal threats to nine companies that monitor or meddle with file-trading networks.
A year after launching its sometimes-controversial alliance with Kazaa, Altnet is kicking off a new, ambitious stage of its peer-to-peer marketing campaign.
roundup Trial against Sharman digs into relationship between Kazaa, Altnet. Also: FTC looks at consumer side of peer to peer.
Altnet says industry's copyright enforcement efforts have infringed on its technology rights