A groundbreaking agreement has been reached between Musicnotes, Inc., the online leader in digital sheet music, and The Harry Fox Agency, Inc. They announced a licensing arrangement that will allow the new Musicnotes guitar tab download site to host copyrighted music from Harry Fox's publishers by the summer of 2007.
The service will be offered on a commission-free basis to Harry Fox's 31,000 music publishers. These participating publishers receive a percentage of the advertising income that the site plans to generate through visits, views, and downloads of hosted tablature. When one of the publishers' songs are viewed, they are compensated. They will retain control over their song catalog in this way.
The key point is that the two companies have found a way to monetize online content without charging fees. Kathleen Marsh, CEO of Musicnotes, said, “We are excited to have the technology and the expertise to assist publishers and songwriters in monetizing this burgeoning area of interest among musicians which, until now, has largely not been served in this way.”
It certainly is exciting to be able to deliver free musical content to so many consumers who are thirsting for it. Harry Fox president and CEO, Gary Churgin, pointed out that “Musicnotes proves the viability of a copyright-friendly, ad-supported guitar tab website." It also may prove the viability of similar sites hosting recorded content, as opposed to tablature.
0 comments:
Post a Comment