19 Jul '11, 11am

Haven for pirated music no more? China's Baidu signs deal with three major record labels

BEIJING - Baidu, the dominant Chinese Internet search engine, yesterday announced a major licensing deal with three of the world's largest music companies that would allow Chinese Web users to legally download and stream hundreds of thousands of songs free. The agreement between Baidu and One-Stop China, a joint venture between the Universal Music Group, the Warner Music Group and Sony BMG, will shut down access to a vast amount of pirated music, and promises to broadly reshape the way China's 450 million Web users access online music. The country has long been a haven for pirated content. Baidu has been one of the chief conduits to it, much to the consternation of record labels, publishers and artists both here and abroad. Under the two-year deal, the three music labels will license over 500,000 songs, about 10 per cent of them in Mandarin and Cantonese, which will be sto...

Full article: http://www.todayonline.com/TechandDigital/Digital/EDC1107...

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