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Wonder how this will work for them?
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Topic: Wonder how this will work for them? (Read 2783 times)
cineater
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Wonder how this will work for them?
«
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January 28, 2008, 12:24:58 AM »
By Joseph Menn, Los Angeles Times Staff Writer
6:33 PM PST, January 27, 2008
Major record companies may be considering deals with Qtrax to allow music lovers to listen to any tune, anytime, free of charge.
Qtrax says that the four big labels -- Universal Music Group, owned by Vivendi; 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 haven't returned phone calls.
A Qtrax spokesman insists the deals have been made.
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FOR THE RECORD:
An earlier version of this story said that the four major record companies had agreed to license their digital catalogs to the online service Qtrax. That is not true of Universal Music Group, EMI Group and Warner Music Group, executives with those labels say. It is unclear as to whether there is such a deal with Sony-BMG Music entertainment. Qtrax officials insist the website has agreements with all four.
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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 ?sto 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 Inc.'s iTunes, the top legal download site.
Brilliant Technologies Corp., the publicly traded parent of Qtrax, has spent tens of millions of dollars over seven years developing the service.
It is available only in a test version that might not work as well as established sites.
Qtrax has licensed technology that assigns audio fingerprints to known recordings, ensuring that users actually get the song they are searching for, instead of a fragment or a "spoof" deliberately distributed by labels to discourage piracy, says Chief Executive Allan Klepfisz.
Klepfisz says Qtrax compares the sounds on pirated tracks with its catalog of fingerprints, delivering only the right version. The labels and others will then get a percentage of the revenue from the ads that show while the tracks play, he says.
"We're giving away the music, not the profits," Klepfisz says.
Although the downloads will reside on the users' computers, they will have some rights restrictions. At least initially, users wont' be able to listen to songs without the player filling the screen and showing ads. They will be able to use the Internet simultaneously only in a window within the player.
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The Dog
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Re: Wonder how this will work for them?
«
Reply #1 on:
January 28, 2008, 12:30:20 AM »
great idea.
its about time the music industry started to adapt to the times.
ad revenue will be supporting more and more businesses as services become freer. I'd bet wireless phones will soon adopt a similar structure.
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cineater
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Re: Wonder how this will work for them?
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January 28, 2008, 11:30:18 AM »
Getting me to that site is going to be a problem. Now if they had song lyrics I would be there often. And if they had karaoke (yuck) my friends would go there.
Keeping me coming back is also a problem but if the ads were something like a bowling game where I knocked down Budweiser pins that could be fun. Some kind of paint gun shooting gallery. My kid would like a virtual makeover. An interactive ad while I listen to music. Oh and while I?m so busy playing around in the ad world I want a feature where I can just listen to some good rock (mix in some new songs) while I?m busy.
I could make a profit off this site.
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makane
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Re: Wonder how this will work for them?
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January 28, 2008, 01:27:09 PM »
Is this a joke? This is not considered as "serious" music listening (adds playing while you listen to music, wat?)
Why the hell would anyone use this instead of private P2P software.
Or did I just get something horribly wrong here?
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cineater
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Re: Wonder how this will work for them?
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January 29, 2008, 08:16:06 AM »
Nevermind--lol
It was billed as the ?second coming? for the music industry, but it turned out that the offer of an unlimited supply of songs downloaded free turned out to be little more than a sham.
QTrax, a start-up website, spent an estimated ?500,000 carpet-bombing Cannes over the weekend to promote its revolutionary service. Briefly, it convinced the world that it had signed up major record companies to create an online catalogue of 25 million songs.
But once the lights had dimmed on the glittering launch party, it emerged that none of the world?s four music majors had actually signed up to the site, leaving QTrax with almost none of the 25 million songs it had promised.
There are now doubts over exactly when, or if, QTrax will be available.
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mrlee
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Re: Wonder how this will work for them?
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January 30, 2008, 05:49:10 AM »
well thats very nice for them, im going to stick to my ways. Listen to mp3s that i attained without advertis in my leisure and buying CD's when they are actually worth buying.
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