China's Baidu licenses music from major US record labels for streaming and downloads

Source: http://www.engadget.com/2011/07/19/chinas-baidu-licenses-music-from-major-us-record-labels-for-str/

In a move suggesting they might be ready to accept the realities of the internet era, major US record labels have reached a deal with Chinese search engine company Baidu. The agreement between the search giant and One-Stop China, a joint venture of Universal, Warner and Sony BMG, will result in licensed tracks popping up in searches instead of pirated ones and resolve years of legal wrangling between the two sides. Baidu launched its ting! social music service earlier this year with support from local labels and EMI, while this new deal will see labels paid per-play, per-download and from advertising. Between this and the recent launch of Spotify in the US the cheap and easy fun of music piracy is slipping away rapidly, if record labels continue to act sensibly then illegal downloads will soon be limited to hipsters ironically cracking open vintage editions of Soulseek.

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China's Baidu licenses music from major US record labels for streaming and downloads originally appeared on Engadget on Tue, 19 Jul 2011 08:32:00 EDT. Please see our terms for use of feeds.

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