A revamped online file-sharing service aims to woo legions of music fans by offering unlimited, free song downloads that are compatible with iPods, and all with the blessing of major recording companies. Qtrax is the latest online music venture counting on the lure of free music to draw in music fans and on advertising to pay the bills, namely record company licensing fees.
While sales of digital music is on the rise, the music industry overall is experiencing a slowdown. Consumers are losing interest in compact discs (when was the last time you bought a CD?) and balking at paying for the digital alternatives (downloading it for free is faster and easier!), the music industry is looking for new allies, including Internet service providers, lawmakers â€” even karaoke bars.