New Service Sounds Like Phish

"Last month, Phish joined with Elektra Records and nugs.net -- a free live-music site -- to introduce a unique Web music service that coincides with the band's first studio album and tour in two years.

For a fee of $10 to $13, the service, called Live Phish, features specially designed cover art and provides soundboard-quality downloadable recordings of Phish concerts less than 48 hours after a performance.

Shows are available in both unrestricted MP3 and SHN files -- a compacted and so-called "lossless" format." [Wired News]

Here's the key statement, though:

" 'The service is so affordable and easy to use that it's easier to just download (the show) than to bother trying to get it from a friend,' said Jason Colton, an associate at Phish management company Dionysian Productions."

How long until the rest of the music industry comes to this conclusion and starts making money instead of losing it?