The most important thing in the world of music companies, including Warner Music Group, BMG and Sony Corp., denied that they have agreed to license a song for free download service, has been created by Qtrax Monday.
Qtrax told Reuters and other media last week, he was familiar with the majors, which absorbs more than 75 percent of all music sales, lease users downloading free songs in a new service will be supported by advertising revenue.
But on Monday, Sony BMG Music Entertainment and Warner has publicly denied that they had agreed to the new service Qtrax.
A source close to Universal Music, the largest in the group, said he had not signed a contract for the new service Qtrax and is still in the discussion.
And a source close to EMI Group, said that during his songs Publishing Unit has reached an agreement with Qtrax, the arm of recorded music, EMI Music, no.

0 responses so far ↓
There are no comments yet...Kick things off by filling out the form below.
Leave a Comment