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Mashboxx Completes Licensing Deal With Sony BMG Music Entertainment
By Mi2N
(more articles from this author)
2005-07-30
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Mashboxx announced the finalization of its first licensing deal with a major recording company, Sony BMG Music Entertainment. The first of its kind, the agreement allows for Sony BMG Music Entertainment music to be legally traded and purchased via searches performed on major existing file sharing networks. Mashboxx will be recognized as the first - and only - desktop file sharing application in the world authorized by a major content owner.

Sony BMG Music Entertainment music will be available on Mashboxx at the retail price of $.99 per track. Users, for the first time, will have the opportunity to preview the entire track for a limited number of plays before deciding to purchase. The Mashboxx application is expected to begin testing shortly and potential beta testers are currently being enlisted at the Mashboxx website, www.mashboxx.com.

"We're pleased to be working with Wayne and the Mashboxx team as they introduce their new service with the aim of meeting the needs of music fans, while at the same time protecting artists and their work," commented Andrew Lack, chief executive officer, Sony BMG Music Entertainment.

Related News from Mi2N:
» MASHBOXX, THE FIRST P2P AUTHORIZED BY MAJOR RECORD LABEL, COMPLETES LICENSING DEAL WITH SONY BMG MUSIC ENTERTAINMENT


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