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See more news releases in: Multimedia & Internet, Entertainment, Music, Licensing

 

Musicnotes and Harry Fox Agency Announce Online Guitar Tab Licensing Agreement

    MADISON, Wis. and NEW YORK, March 27 /PRNewswire/ -- Musicnotes, Inc.
 and The Harry Fox Agency, Inc. (HFA) announced today a licensing
 arrangement that will authorize a newly launched Musicnotes guitar tab
 download website that utilizes the copyrighted music of HFA's participating
 music publishers on a commission free basis.
     Through this groundbreaking arrangement, which will be offered on a
 commission-free basis to HFA's 31,000 music publishers, participating
 publishers will receive a percentage of all advertising revenue generated
 through views or downloads of tablature of their songs on the web site,
 while still retaining control over their song catalog in a robust online
 community.
     "We are excited to have the technology and the expertise to assist
 publishers and songwriters in monetizing this burgeoning area of interest
 among musicians which, until now, has largely not been served in this way.
 Our experience as the world's leading digital sheet music company has
 placed us in a unique position to deliver this guitar tablature to millions
 of interested consumers," said Kathleen Marsh, CEO of Musicnotes.
     "Musicnotes proves the viability of a copyright-friendly, ad-supported
 guitar tab website," said Gary Churgin, HFA President & CEO. "HFA has
 expanded its licensing and royalty distribution capabilities to support
 this kind of service, and we will continue to adapt to new licensing
 opportunities and models such as this to provide the most comprehensive
 service for our publishers."
     Musicnotes expects to launch its new guitar tab site in the summer of
 2007.
     About the Harry Fox Agency: Established in 1927 by the National Music
 Publishers' Association, HFA represents over 31,000 U.S. music publishers
 for their mechanical licensing needs, issuing licenses and collecting and
 distributing royalties. HFA also provides collection and monitoring
 services to its U.S. publisher clients for music distributed and sold in
 over 95 territories around the world. For more information about HFA, or to
 become an affiliate publisher or a licensee, see http://www.harryfox.com.
     About Musicnotes: Musicnotes, Inc., the online leader in digital sheet
 music offers an impressive online catalog of nearly 60,000 digital sheet
 music titles. Musicnotes was also recently selected as one of the Top 500
 Online Retailers by Internet Retailer Magazine. On the web:
 http://www.musicnotes.com
 
 

SOURCE Musicnotes, Inc.