Baidu signs internet deal with music labels
Wednesday 20 July 2011
Baidu, the Chinese internet search company, has signed a deal with three major record labels allowing it to offer free music downloads to users.
The deal represents a coup for the company, which has beaten Western rivals such as Google to the punch. The US company, along with Amazon, recently announced the launch of a cloud-based music service that allows users to store music they already own. However, high financial demands on the part of the labels is believed to be behind a failure to reach a deal to licence music, meaning the Google service cannot be used to download tracks.
But the deal Baidu has signed with One-Stop China, a joint venture between Universal Music; Warner Music; and Sony Music, means it will licence back catalogues and new releases from the three labels, handing it an advantage in the potentially lucrative legal music download market.
Dan Cryan, the head of broadband media at the online analyst Screen Digest, said: "The potential for this to hurt Google depends on how likely Baidu is to break out of China. China is one of the few markets in which this kind of deal was likely to have been made because the culture of spending money on content online does not exist there in the same way as in the West."
The search engine will pay royalties on a "per-play and per-download basis". Downloads will be available via Baidu's advertising-powered Ting website.
- 1 Nigel Farage: Me vs Russell Brand on Question Time – he's got the chest hair but where are his ideas?
- 2 Harry Potter fans can apply to the Hogwarts-inspired College of Wizardry
- 3 Jessica Chambers: 19-year-old woman 'doused with lighter fluid and burned alive' in the US
- 4 Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
- 5 Orange Wednesdays are no more
Weather bomb in pictures: Storms cuts power for tens of thousands – and snow is on the way
Jessica Chambers: 19-year-old woman 'doused with lighter fluid and burned alive' in the US
Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
Russell Brand was rendered speechless on Question Time by this man
Fury at Airbus after it hints the super-jumbo may be mothballed
Disgruntled RBS worker writes hilarious open letter to Russell Brand after anti-capitalist publicity stunt leaves him hungry
Nigel Farage's approval rating hits 'record low' as popularity suffers in wake of Ukip sex scandal
Nigel Farage defends Kerry Smith 'ch***y' comment: 'If you are going for a Chinese, what do you say you’re going for?'
Pakistan school attack live: Taliban kill at least 132 children in 'horrifying' massacre
Sony hack: Angelina Jolie branded 'seriously out of her mind' in further embarrassing leaked email saga
Panic Saturday: 13 million Britons spend £1.2bn – while 13 million others across the country live in poverty unable to afford food
iJobs Money & Business
$200 - $350 per annum: Carlton Senior Appointments: Managing Producer Office...
$125 - $225 per annum: Carlton Senior Appointments: San Fran - Investment Advi...
Up to £70,000 per annum + benefits: Sheridan Maine: Are you a qualified accoun...
Up to £65,000 per annum + benefits: Sheridan Maine: Are you a qualified accoun...