In one embodiment a system, method, and computer program product are provided for enabling file-sharing for digital media. In use, licensing information associated with digital media is received and stored in a database. It is also determined, in real-time, licenses that are available to distribution services of digital media based on a capability of the distribution services to handle any restrictions contained in the licensing information. One or more distributors of digital media are further allowed to pay for and access a file-sharing system of the digital media based on the licenses that are available. Accounting, tracking, and reporting of royalty information associated with the digital media is also provided, in real-time.