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...
EMI To Acquire Chrysalis?
Is TerraFirma, the newly crowned owner of EMI in talks to buy the remaining assets of the Chrysalis Group? One look at Chrysalis stock price would indicate that there’s something brewing behind the scenes — it rose 10% in off hours trading after unconfirmed reports emerged about a bid for the music company. What remains of Chrysalis has been on the market for almost a year — after it disposed of its radio station assets...
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