This will make it much easier for Indie labels to offer their content to consumers through sites such as MySpace. Downloads will be in the MP3 format and will play back with any MP3-compatible portable player. Universal Music Group, Sony BMG, EMI and Warner Music are known as the four major record labels; Merlin revealed on Saturday that it will now act as the fifth major.
In a statement Merlin said it aims to "improve access and level the playing field with new and emerging media." Download stores will gain access to its members content through just one deal, compared to the thousands of separate negotiations that would otherwise take place.
Source:
BBC News
Written by: James Delahunty @ 22 Jan 2007 18:07