The Fallout From The Qtrax 'Launch'
January 29, 2008 at 5:41 AM (PT)
The free music download site that promised to launch this week (NET NEWS 1/28) has been forced to admit it had no firm deals with major record companies.
QTRAX, it seems, didn't have the backing of the record industry -- despite throwing an expensive launch party in CANNES last weekend with the likes of JAMES BLUNT and LL COOL J in attendance. The confidence with which the NEW YORK-based firm launched the new site -- filled with the promise of around 25 million free songs -- belied the fact not one of the four major record labels had confirmed deals.
QTRAX admitted that "the ink hadn't dried" on their deals with EMI, WARNER, SONY BMG and UNIVERSAL, but insisted that it hadn't misled fans.
QTRAX CEO ALAN KLEPFISZ told THE LONDON TIMES, "We are not idiots. We wouldn't have launched the service in front of the whole music industry unless we had secured its backing. We feel we have been unfairly crucified because a competitor tried to damage us. Everyone is very upset."