NEW YORK, May 27 /PRNewswire/ --
Kontor New Media, a top European leader in digital distribution, and Qtrax, the world's first free and legal peer-to-peer (P2P) music service, today announce that they have signed a digital licensing agreement.
Kontor's business model works to ensure that its indie partner labels' music and music video content are featured in key download shops such as iTunes, Napster, FNAC, Beatport, Nokia Music Services, musicload, AOL -- and now Qtrax. The Germany-based company works with hundreds of independent European music labels.
Kontor offers labels content management and distribution, sales and marketing services in stationary download campaigns and mobile entertainment campaigns, royalty management, and a myriad of other utilization avenues for digital distribution.
"We are excited to partner with Qtrax," said Kontor Managing Director Michael Pohl. "Our mission has always been to distribute artists' output in ways that keep them compensated and able to continue producing more music, as well as compensating their label for their investment. Qtrax helps to harness income lost to piracy, which is vital to keeping these artists making music for their fans," continued Pohl.
"Kontor New Media has consistently shown its commitment to representing artists and labels in the evolving music distribution market online," said Allan Klepfisz, Chairman and CEO of Qtrax. "From the outset, they have been true to a vision of digital distribution that is fair to everyone investing in an artists' success. We are delighted to be able to offer Kontor's catalogue of great artists and songwriters," continued Klepfisz.
About Kontor New Media (http://www.kontornewmedia.com)
Kontor New Media represents more than 70,000 tracks and 1,400 music videos, more than 700 rights holders, and holds more than 100 licensees / digital services worldwide, ensuring optimum distribution via all commercial and niche platforms in B2B and B2C areas on a global level, devising campaigns and strategies with respective rights holders and distribution partners, and all web and mobile services.
About Qtrax (http://www.qtrax.com)
Qtrax is the world's first legal and free peer-to-peer (P2P) music service. Qtrax showcases an innovative ad-supported delivery model that easily directs revenue back to artists and rights holders. Qtrax is available for browsing now and soon will provide fans with access to a colorful and diverse catalog with millions of high-quality digital music files representing the broadest artist-based fan-directed array of products available anywhere. Based in New York City, Qtrax is a subsidiary of Brilliant Technologies Corporation (OTC: BLLN.PK), a publicly traded technology holding company.
Safe Harbor
This announcement contains express or implied forward-looking statements which involve known and unknown risks and uncertainties that could cause actual results to differ materially from those suggested, including but not limited to risks identified and discussed in company filings with the Securities and Exchange Commission. These forward-looking statements are based on information and management's expectations as of the date hereof and future results may differ materially from expectations and the company disclaims any obligation to update them except as required by law.
Web site: http://www.qtrax.com http://www.kontornewmedia.com
Shamin Abas for Qtrax, +1-212-532-2736, +1-917-494-9288; or Michael Pohl of Kontor New Media, +49-040-646-905-268
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