Peer-to-peer active content sharing

A system and method to allow chat modules in a peer network to share active content. A sender peer includes an application module to activate a media content file from a content repository. The sender peer also includes a chat module to detect active content on the common peer and send information about the active content for display at a recipient peer. The recipient peer includes a chat module to receive active content information and an application module to active the media in substantially synchronous to active media at the sender peer. A content enhancement server provides supplemental active content information for display at the recipient peer and previews of the active content. The content enhancement server also enables a transaction related to the active media content file such as a purchase of an MP3 copy of the active content.