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Sony/ATV Music Signs QTRAX Digital License Contract


Jitway

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"We enthusiastically support QTRAX as an innovative method for reclaiming rights and revenues from music misappropriated by worldwide P2P networks, while at the same time providing users with a superior legal and free net- based music experience," said Martin Bandier, Chairman and CEO, Sony/ATV Music Publishing. "This agreement expands upon our original agreement with QTRAX and represents another example of Sony/ATV's commitment to securing our songwriters' rights in the digital space."

 

QTRAX (www.QTRAX.com) is the world's first legal and free peer-to-peer (P2P) music service. QTRAX showcases an innovative ad-supported delivery model that easily directs revenue back to artists and rights holders. QTRAX is available for browsing now and soon will provide fans with access to a colorful and diverse catalog with millions of high-quality digital music files representing the broadest artist-based fan-directed array of products available anywhere. Based in New York City, QTRAX is a subsidiary of Brilliant Technologies Corporation BLLN, a publicly traded technology holding company.

 

 

Will I am not a big fan of Sony Corporation I do think this is a step in the right direction upon their part. Anyway for users to hear and share new music is a good thing. I have used QTRAX in the past and will most likely use them in the future.

 

Full Story HERE

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