Qtrax Nearing Launch; Sued by Oracle Over $1.8M Payment

Authored by Mark Hefflinger on July 27, 2009 - 11:19am.

Los Angeles - Qtrax, an ad-supported download service that stirred controversy when it publicly announced licensing deals with the major labels before they had been secured, is set to announce details for its U.S. launch, the Financial Times reported. Qtrax head Alan Klepfisz wrote in a blog post that the company is "very soon going to launch a powerfully attractive music service, with leading Internet and media companies as marketing partners. That have existing substantial users. And we'll progressively roll it out throughout the world." Meanwhile, CNET News.com reports that Oracle has sued the company for bouncing a $1.8 million check for its database software.

Related Links:
http://snipurl.com/o34u0 (FT.com)

http://qtrax.wordpress.com/2009/07/17/a-note-from-allan-klepfisz/

http://news.cnet.com/8301-1023_3-10296693-93.html