China's leading search engine will now be able to legally distribute the digital music of Sony
Baidu launched a legal music service earlier this year, after joining Sohu.com's
This isn't meant to excuse Baidu and its smaller peers. They have clearly profited from the searches for illegal downloads by serving up ads alongside the organic query results. However, it's not as if China's search engines are evil label busters.
Thankfully, providing legal downloads has become an attractive business, even if stateside streaming champ Pandora
Baidu's music site is called ting!, though it can't be confused with Apple's
The best thing about the far-reaching content-licensing deal announced today is that it will help Baidu deflect label criticisms and legal implications. Baidu now has a legal option it can feature prominently, without necessarily inconveniencing its users who are interested in free music.
Baidu has come around, even if it took a few years of singing lessons to hit the right key.
What do you see as the future of music distribution? Share your thoughts in the comments box below.
Motley Fool newsletter services have recommended buying shares of Sohu.com and Baidu. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Longtime Fool contributor Rick Munarriz has only been to China once, but he relishes admiring its dot-com revolution from afar. He does not own shares in any of the stocks in this article. He is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early.
More from The Motley Fool
10 Reasons to Buy Baidu Inc (ADR) Stock and Never Sell
The first is under-appreciated, while the seventh and eighth could provide huge returns for investors.
How Baidu is Stacking the Deck Against the Competition
Baidu stays ahead of its rivals with five key strategies.
3 Reasons Investors Aren't Betting Against Baidu Anymore
China's online search leader is at its lowest short interest of 2017. Healthy organic revenue, widening profit margin, and a low risk rating are scaring away the bears.