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The Music industry appears to see sense! [update – ..then snaps out of it]

Update – I may have given the RI too much credit (i.e. any credit at all) for showing some intelligence. The music industry is backing away from the service and the whole thing might die before it starts. Lets hope sense prevails. Thanks to Mario for the techdirt find
TechDirt
Financial Times
MTV

If this article from The Times is completely accurate a new service backed by EMI, Universal and Warner called QTrax will launch in the next 24 hrs that may show that the music industry have been taking at least some of the criticism leveled at them seriously.

While the website is already active the service relies on a custom application that is not yet available for download.  This application seems to be a customised version of the Mozilla browser that will allow users to connect to the QTrax website and download and play from a catalog of 25 million songs.  The tracks are protected by DRM but are in an MP3 format.  There is no details yet on exactly what the MP3 player compatibility and availability is, but presumably the DRM will make this limited.  The service will also be supported by ad revenue.  The distribution of files is via P2P although the exact form this takes is unclear.

There are a number of reasons why this is a potentially brilliant move.

I am looking forward to seeing, and reporting on what the reality of this service is, but on paper it is very impressive.  QTrax has the potential to significantly increase the sales of music.  It is an absolute fact that the more music a person listens to, the more they buy.  By allowing people to listen to huge amounts of music they will increase sales.

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