WMG, Universal, EMI and Sony BMG Deny Qtrax Deals plus Commentary - hypebot

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Matt G

"But this strategy has been used in recent months by several music 2.0 services who have used major label content to build an audience and leveraged that audience into funding and deals with the labels."
The only company that really did this recently has been imeem.com but they had already acquired an audience of 20 million users using their 'youtube for mp3s' website by the time Warner got around to suing them. I see this thing as just a load of PR BS to get attention for their service so they can launch something before their cash runs out.

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