Sony/ATV Music Publishing Announces Digital Licensing Agreement With Qtrax
Sony/ATV Music Publishing has announced a digital distribution licensing agreement with Qtrax, the first ad supported peer to peer music network, which is scheduled to launch early next year.
“We enthusiastically support Qtrax’s innovative new music service. Qtrax presents a unique and legitimate platform from which our songs may be distributed as broadly as possible, while at the same time securing potentially lucrative advertising dollars for our songwriters,” said David Hockman, Chairman and CEO, Sony/ATV Music Publishing.
“We are thrilled to be involved with Sony/ATV Music Publishing. Their impressive catalogue combined with their open-minded and innovative approach to new channels for music distribution, make them an ideal publishing partner. As we put together the final pieces of the jigsaw to create a business that we believe represents the future of music, we recognize Sony/ATV Music Publishing is a critical piece in that puzzle” observed Allan Klepfisz, President & CEO, Brilliant Technologies Corporation.
Wow, just a total LOVE FEST here…