Wednesday, October 15, 2003 |
10:49 - For your edification
http://www.nationalpost.com/financialpost/story.html?id=B964B0CE-DBC6-4522-9A07-2B0E
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Via J.M. Heinrichs:
Puretracks.com, Canada's first legal online music service, was launched amid much fanfare yesterday, with record industry executives saying the service could prop up faltering sales caused by free downloading sites.
The service, which as of yesterday was offering 175,000 tracks from a wide variety of artists, hopes to draw fans who want to download music legally. Its launch was called "a watershed moment in Canadian music history" by Alistair Mitchell, co-chief executive of Moontaxi Media Inc.
Fees, which customers can pay with credit cards or a "cash card" that can be purchased at retail stores, start at 99¢ for a song and $9.99 per album.
Buyers can save the files on their hard drives or burn them onto CDs, but the service limits the number of times the files can be transferred.
Until now, Canadians were unable to legally download music from sites like Apple Computer Inc.'s iTunes due to copyright restrictions that are determined on a country-by-country basis.
Sounds like a good idea.
Maybe too good.
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