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Ever since the advent of mainstream file-sharing networks in the late 1990s, the major music and movie studios and industry trade groups have been searching for a "Magic Bullet" solution to the problem of online copyright infringement - one that would simultaneously eradicate the problem of online file sharing while breathing new life into pre-digital business models. Obviously, this magic bullet has eluded the industry thus far, though not due to a lack of effort. In the years since the emergence of Napster, the content industry has taken legal action against service providers and end users, shut down centralized file-sharing networks and flooded the web with bogus copies of commonly traded files.
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