LBRY, the decentralised content sharing and publishing platform owned by its users, has released a Beta version of its app, coinciding with more content deals and a “July 4th Declaration of Independence from big media”. LBRY said today’s old order comprises, “the major record labels, book publishers, and movie studios that have managed to cling to their fiefdoms despite the potential of the internet to connect independent artists directly to their fans.
“It’s expensive to store and serve a bunch of content, so the market is dominated by the likes of Google’s YouTube, Apple’s iTunes, and Amazon’s Kindle Store. By combining several new open-source technologies and key innovations, LBRY is able to cut out the middlemen. The result is a platform that no one controls but everyone can access – just like the Internet itself,” said a statement.