DEMEKON ENTERTAINMENT

Demekon Entertainment AG provides a software called musicmonster.fm which enables customers to automatically search hundreds of radio streams and record and save their favourite songs. Customers can set individual wishlists and automatically record as many songs as they want from more than 1.4 million songs that are currently being streamed by the varios radio stations. The songs are being saved as MP3 files on the customer's harddrive. The service is legal in Germany and all songs are DRM free as German copyright law says it's a "private copy". Demekon Entertainment generates revenues via a monthly submission fee.