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Labels seek to block Altnet revenue-share

Record labels have asked an Australian court to block peer-to-peer company Altnet's ad-revenue-sharing program.

Record labels have asked an Australian court to block peer-to-peer company Altnet's ad-revenue-sharing program.

Altnet said earlier this week that it would share advertising dollars from Kazaa parent Sharman Networks with any record labels that agreed to sell music through its peer-to-peer networks. Record labels, which are suing Sharman Networks in Australia, are now asking a judge to block distribution of those advertising revenues.