TorrentFreak

Wayne Rosso, ex-CEO of Grokster and creator of Mashboxx, the ‘revolutionary’ world-first licensed P2P service that was due to hit the web by storm in 2005/2006 but never actually launched, is now working with Pirate Bay buyers GGF to “facilitate the model” and legalize the site. Major music industry players are “excited” at the prospect.

Mashboxx is the first p2p application that offers music downloads authorized by major record labels. This week Mashboxx finalized their deal with SONY BMG.