The Beginning Of The End For Qtrax
We were never bullish on Qtrax’s prospects when they announced their ad-supported music service a year-and-a-half ago. Now they look to be down for the count by announcing they had cemented deals with the four major labels when in fact that wasn’t the truth. The free, ad-supported, P2P service launched at MIDEM today with a shaky “beta” version of their service and no licensing deals. The news comes after the...
TC Group Announces Merger With Gibson Guitar
Gibson Guitar and TC Group are planning to merge according to a mutual announcement made by Henry Juszkiewicz, chairman and CEO of Gibson Guitar, and Anders Fauerskov, CEO of TC Group,. “The synergy between the two companies will allow us an enormous advantage in the development of new audio technologies and brings together two of the world’s most powerful brands,” Henry Juszkiewicz, chairman and CEO of Gibson...
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