QTRAXthe world's first free and legal peer-to-peer (P2P) music service, today announced that it has launched its ground-breaking P2P music service at MIDEM, the world's leading music business conference. Showcasing an innovative ad-supported downloading model that easily directs revenue back to artists and rights holders, QTRAX is the first free P2P service to be fully embraced by the music industry. With a base catalog estimated at between 25 and 30 million copyrighted tracks from all the major labels, publishers and a host of leading indies, QTRAX has the largest legal library of any music service on the market.
QTRAX has created a dynamic new music distribution model that represents a paradigm shift in the way people consume music, how the industry can monetize their catalogs and how artists get paid. The service is available immediately at http://www.QTRAX.com and brings consumers the following unique features:
-- A new P2P environment that allows users to search through millions of
high quality tracks for particular songs, bands or albums and legally
download as many as they want for free;
-- Seamless integration with portable and mobile devices, allowing users
to transfer downloaded tracks quickly and easily;
-- A special section called "Last Night," where users can search for newly
added tracks from live concerts that were recorded the night before;
-- A colorful and diverse array of content beyond music, including: music
videos, artist documentaries, interviews, album reviews, artist
recommendation lists, and biographies among other things;
-- Exclusive songs and content from artists on profile pages where fans
can access the latest news relative to artists, purchase DVDs, ring-
tones and concert tickets;
-- A media player with which listeners can easily keep and organize their
entire music library, with the ability to import tracks from other
locations, including iTunes;
-- A Firefox-based Internet browser, from which users can visit other web
destinations while concurrently downloading tracks without having to
open additional windows;
-- A new DRM system that counts the number of times particular tracks have
been played in order to fairly compensate artists and right holders,
without restricting consumer use;
-- A guarantee that users will never download spyware, adware or spoofs.