Virtual nightclub and chatroom Turntable.fm is looking more and more like a site with lasting power. While Turntable.fm still operates as an invite-only beta site, its popularity has soared, at least among the Facebook users allowed access to it. Now, the service is licensed by the American Society of Composers, Authors and Publishers, a move that brings legitimacy to the startup.
As Rolling Stone explains, before the ASCAP deal, Turntable.fm was in a legal gray area, relying on the protection of the Digital Millennium Copyright Act. According to ASCAP, its license will ensure songwriters will be paid appropriately as the site gains popularity.
Feels like the future, doesn’t it? A market boasting Turntable.fm, Spotify, Pandora, Grooveshark, Last.fm, and MySpace (kidding) is a prime environment for the music nerd to thrive.