This is interesting: Allofmp3.com has published a statement in answer to shutdown demands from western politicians and music industry execs. It defends it's current legal status and reiterates the fact that it is licensed by Russian rights agecies. Been there, heard that.

But then Allofmp3 suprises everybody by acknowledging that they have been working on licensing agreements with record companies. Apparently they are about to significantly change their business model:

"On September 1, 2006 the changes to the Russian copyright legislation will come into force. Since January 2006 the site has been making direct agreements with rightholders and authors at the same time increasing the price of the music compositions and transferring the royalties directly to the artists and record companies. The aim of AllofMP3.com is to agree with all rightholders on the prices and royalties amounts by September 1, 2006."

(via P2Pnet.net)
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