Qtrax Service Launches -- Who Is/Isn't Onboard?
January 28, 2008 at 8:07 AM (PT)
Major record companies may be considering deals with QTRAX to allow music lovers to listen to any tune, anytime, free of charge, reports THE L.A. TIMES. QTRAX says that the four big labels -- UNIVERSAL MUSIC GROUP, SONY-BMG MUSIC ENTERTAINMENT, WARNER MUSIC GROUP and EMI GROUP -- have agreed to license their digital catalogs to the service, which aims to exploit online music bandits for commercial purposes.
Executives at UNIVERSAL, WARNER and EMI say they haven't signed deals with QTRAX, though a UNIVERSAL spokesman says the label is "really close" to coming to terms. Officals with SONY have now gone on record as saying there's no deal in place.
A QTRAX spokesman insists the deals have been made.
QTRAX wants to legitimize the peer-to-peer networks that accelerated music piracy in the 1990s by allowing computer users to share their music files online. The service scours pirate networks for songs, then delivers them as downloads to the computers of fans willing to have ads play while they listen. Executives behind QTRAX say the service would provide tens of millions of songs, far more than are available on APPLE's ITUNES.
The QTRAX server has been up and down this morning -- certainly due in part to heavy traffic to the site.