Google, Major Labels Debut Free Music Downloads in ChinaAuthored by Mark Hefflinger on March 30, 2009 - 10:05am.
Beijing - Google (NASD: GOOG) on Monday
launched a free, ad-supported music download service in China, with backing from the four
major record labels, Reuters reported. At launch, the service offers around
350,000 songs, a library that will expand to 1.1 million in coming months, Gary
Chen, CEO of Top100.cn -- Google's music partner in China -- told Reuters. "This
is the first serious attempt to start (monetizing) the online market in China. I can't
overestimate how important this is," Lachie Rutherford, president of
Warner Music Asia Pacific and Asia chairman of
the International Federation of the Phonographic Industry (IFPI), told Reuters.The IFPI claims that piracy accounted for 99% of all music files distributed in China last year. One of the four major labels, EMI, launched a for-pay music download site in China with Google rival Baidu in 2007. While Google is the leading search engine in many countries, it currently holds 30% of the Chinese market, compared to Baidu's more than 60%.
Related Links: tags: Advertising | Music | Universal Music | China | Google | Warner Music | EMI | Baidu | Sony Music | top100.cn |
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