The Hollywood Reporter reports:
- The rush by major labels to offer legitimate music downloads continued Tuesday as Universal Music Group announced that it will offer more than 43,000 songs through a host of online retailers and music Web sites. The move by the world’s largest music group comes less than a week after EMI Recorded Music significantly expanded the digital download rights it is giving consumers, including copying songs onto portable devices. Also last week, UMG and Sony Music Entertainment reached agreements to offer music through MusicNet, a digital subscription service that now has content from all five major labels. MusicNet’s chief competitor, pressplay, also has agreements with all of the majors.
We may be reaching critical mass here, with the labels on the verge of throwing open the vaults.