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Songwriters and performers should be much better compensated for making the music that is enjoyed by millions. They should be getting a much better deal. So that they can create more of the music you love. QTRAX is a much better deal for everybody. Artists are losing control of their content, their income, and their livelihood. Many Artists have voiced concerns that the royalty-based compensation model is unfair, and exploits their art with absurdly little compensation. No one in the industry has offered a solution that actually helps the Artist, directly or significantly. Artists and Songwriters need to be much better compensated for creating the music that millions enjoy via digital music services. How We Will Make it Happen: Stake in the Company: Consequently, Artists will share in the profits and future growth of QTRAX, and will benefit from any liquidity event such as an IPO or trade sale in the same way that our investors and stakeholders accrue wealth. This equity allocation is being placed in a legal entity called the Artist Trust which will be governed by an independent Board of Directors made up of prominent industry people, and which will be administered independently by a Publishing Rights Organization which is currently being selected. Additionally, for Artists and Songwriters: More for New Artists: Artists will have the ability to update, maintain and control their public profile within the QTRAX music platform, as well as being able to inform their fans how to best access their music. More Sources of Income: Artists will be able to sell their own merchandise directly through the QTRAX platform, and be able to retain the net profits after modest handling fees as an additional source of income. When artists lose income, the world loses artists, and when the world loses artists, the world loses music. The time has finally come for Artists to be paid much more fairly for their valuable contribution. With millions of songs from independent and major labels. QTRAX is a central music destination offering unrestrictedly free songs where you can download, stream or create radio playlists QTRAX provides artist biographies, latest artist news from hundreds of sources, song lyrics and links to videos and ticketing outlets. You can also stay connected by sharing your playlists with friends. By offering a free and legal service, QTRAX serves as a boost to the music industry and its fight against piracy. The overall superior quality of QTRAX compared to illegal sites will ultimately make piracy less appealing. In addition, the partnership between advertising and QTRAX delivers great potential for monetization by brokering branded deals with consumer advertisers around the world. These natural partnerships are sure to yield generous revenues for artists and labels alike.
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