Sony/ATV Music Publishing Signs QTRAX Digital License Contract
Posted on: Monday, 3 March 2008, 18:00 CST
NEW YORK, March 3 /PRNewswire/ -- Sony/ATV Music Publishing Chairman and CEO Martin Bandier announced today that Sony/ATV Music Publishing has signed a digital distribution licensing agreement with QTRAX, the free and legal ad- supported peer to peer music network.
"We enthusiastically support QTRAX as an innovative method for reclaiming rights and revenues from music misappropriated by worldwide P2P networks, while at the same time providing users with a superior legal and free net- based music experience," said Martin Bandier, Chairman and CEO, Sony/ATV Music Publishing. "This agreement expands upon our original agreement with QTRAX and represents another example of Sony/ATV's commitment to securing our songwriters' rights in the digital space."
"Sony/ATV Music Publishing is a preeminent and dynamic music publisher. Their open-minded and innovative approach to developing new channels of music distribution makes them an ideal publishing partner for QTRAX. We are very pleased and enthusiastic to have their renewed agreement and support," said Allan Klepfisz, Chairman & CEO, Brilliant Technologies Corporation.
About Sony/ATV Music Publishing (http://www.sonyatv.com/)
Sony/ATV Music Publishing was established in 1995 as a joint venture between Sony and trusts formed by Michael Jackson. Sony/ATV Music Publishing owns or administers over 600,000 copyrights by such artists as The Beatles, Akon, Beck, Brooks & Dunn, Leonard Cohen, Neil Diamond, Bob Dylan, Eminem, The Everly Brothers, Fall Out Boy, Jimi Hendrix, Billy Mann, Joni Mitchell, Graham Nash, Willie Nelson, Roy Orbison, Linda Perry, Richie Sambora, Shakira, John Shanks, Stephen Stills, KT Tunstall and Diane Warren, among others. Sony/ATV recently acquired both the Leiber Stoller and Famous catalogues. It is not part of the Sony BMG Music Entertainment venture.
About QTRAX
QTRAX (http://www.qtrax.com/) is the world's first legal and free peer-to-peer (P2P) music service. QTRAX showcases an innovative ad-supported delivery model that easily directs revenue back to artists and rights holders. QTRAX is available for browsing now and soon will provide fans with access to a colorful and diverse catalog with millions of high-quality digital music files representing the broadest artist-based fan-directed array of products available anywhere. Based in New York City, QTRAX is a subsidiary of Brilliant Technologies Corporation , a publicly traded technology holding company.
QTRAX
CONTACT: Shamin Abas for QTRAX, +1-212-532-2736 or +1-917-494-9288,Shamin@shaminabaspr.com
Web site: http://www.qtrax.com/http://www.sonyatv.com/
Source: PRNewswire
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