Ad-Supported We7 Streaming Site Scores EMI Catalog
We7, an ad-supported music site backed by Peter Gabriel, has licensed EMI Music’s catalog. The deal grants We7 access to 400,000 tracks for on-demand and ad-funded audio streaming, including Gabriel’s own catalog. The site also offers an MP3 download store.
The addition of EMI gives We7 another major under their roof, which already includes Warner Music Group and Sony BMG. We7’s founder and chief executive, Steve Purdham, revealed that the EMI catalog will be available in the fourth quarter and the company is set to announce more developments. “We7 is making phenomenal progress ahead of our full launch later in the year, there’s real momentum in the industry right now and ad-funded streaming is becoming more widely accepted as a legal alternative to piracy.”