The world’s biggest music companies, including Warner Music Group Corp and Sony BMG, denied that they have agreed to license songs for a free download service that was launched by Qtrax on Monday. Qtrax told Reuters and other media outlets last week that it had deals with the major labels representing about 75 percent of all music sales, to let users download songs for free in a new service to be supported by advertising revenue.
Music Labels to QTrax: No Deal
Qtrax Revamped Music Service to Woo Music Fans
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.
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