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-- Qtrax is reported to have hired CLSA, a brokerage firm, to help it raise an additional $50 million. The company, the creator of an ad-supported music service, recently missed its planned launch date for Australia and had some misunderstandings surrounding its deal with Chinese search giant Baidu. For all its missteps over the years, Qtrax has remained determined. The company is currently is planning on launching in numerous Asian countries in the coming months -- a shift from its original, U.S.-targeted strategy. “The impossible takes a little longer,” CEO Allan Klepfisz told the Financial Times. (Financial Times)

-- The latest round of negotiations for the Anti-Counterfeiting Trade Agreement (ACTA) were held in Seoul, South Korea last week. ACTA is trade agreement that deals with counterfeit and pirated goods. Numerous countries – the United States, Japan, South Korea, Mexico, Australia, Canada and members of the European Union – are part of the talks. One of ACTA’s proposal is for a three-strikes system that would force ISPs to “put in place policies to deter unauthorized storage and transmission of IP infringing content.” Michael Geist has posted the leaked document at his blog. Geist also posted links to some media coverage of the piracy aspects of ACTA. (Michael Geist)

-- EMI Music has named Shane Naughton as its new CFO. Naughton is currently CFO at UBM Information. He will start his new role at EMI in February. (Music Week)

-- MySpace Music will offer a live webcast of the Grand Ole Opry – the first ever with video -- on Saturday (Nov. 14) at 9pm ET. Carrie Underwood and Jake Owen are two of the guests that evening. (Music Row)

-- Rocketown, an all-ages venue founded by singer Michael W. Smith, will be purchased by Nashville’s Metro Development and Housing Agency in order to relocate the venue. (Nashville Post)

-- Last night, the PBS show Independent Lens aired D tour, the story of Pat Spurgeon, drummer for the band Rogue Wave, and his experiences as a musician with diabetes. Check it out online. (D tour site at Independent Lens)

Follow Billboard senior analyst Glenn Peoples on Twitter at twitter.com/billboardglenn.