U.S. digital music firm eMusic has entered into a licensing collaboration with British trade group the Assn. of Independent Music. It will initially make available 10,000 titles to download via the Am
U.S. digital music firm eMusic has entered into a licensing collaboration with British trade group the Assn. of Independent Music. It will initially make available 10,000 titles to download via the American-based service.
Both parties have teamed-up on a framework agreement, paving the way for the legitimate use of tracks from 19 indie labels on the eMusic service.
London-based labels V2, Cherry Red Records and ZTT Records are among the early adopters of the new agreement. Others are expected to follow.
David Pakman, president and CEO of eMusic, says the pact will greatly enhance eMedia's offering, for which the company boasts more than 2.4 million digitally delivered tracks each month.
"Offering AIM's affiliated labels to our subscribers is an essential part of our global expansion strategy," said Pakman, who is also managing director of Dimensional Associates, the private equity arm of JDS Capital that owns eMusic.
eMusic, which is based in New York and San Diego, claims a catalog upwards of 750,000 predominantly-independent titles.
London-based AIM counts more than 900 members from the British independent music community. Through its new media arm AIM Digital, the company has forged collective licensing deals with Apple's iTunes, Sony Connect, Yahoo, MusicNet, Karma Download and Napster U.K., among others.