Headquartered in New York City, Brilliant Technologies Corp. operates their subsidiary called QTRAX, which is the world’s first free and legal peer-to-peer music service. This service displays an innovative ad-supported downloading model that easily directs revenue back to artists and rights holders. QTRAX monetizes the experience by selling sponsorships and advertising displayed during the search and download processes. With QTRAX, users will also have the option to purchase music and related items throughout the Company’s interface. QTRAX (www.QTRAX.com) is currently available for both browsing and music downloading.
QTRAX has licensing deals with major labels, music publishers, and leading independents. These include EMI Music, EMI Publishing, Warner Chappell, Sony/ATV Publishing, Universal Music Group, Universal Publishing, and TVT Records and Beggars Banquet as well as others. Qtrax will soon provide fans with access to a broad and diverse catalog with millions of high quality, high-fidelity digital music files.
In October, Brilliant Technologies Corporation’s QTRAX, Inc. announced the appointments of Jay Berman and Larry Gan as Co-Chairmen of their Advisory Board. In addition, QTRAX, Inc. and Universal Music Group International, a division of Universal Music Group, recently announced a licensing deal covering Europe, Asia/Pacific, South America, and Africa. This deal follows a similar recent agreement with Universal Music Group for North America. Universal Music Group is the world’s leading music company with wholly owned record operations or licensees in 77 countries. Its businesses also include Universal Music Publishing Group, the industry’s leading global music publishing operation.
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