Label not signed up for 'permanent' downloads
Maverick Records – the joint venture label between Madonna and Warner Bros. – has inked a deal to distribute its tracks through the label-backed digital music service MusicNet.Under the terms of the nonexclusive pact, MusicNet subscribers will be able to stream or download digitized tracks from Maverick’s catalog, which includes music from Alanis Morissette, the Deftones and Michelle Branch. However, Maverick has not licensed its tracks for use in one of MusicNet’s key services – allowing “permanent” downloads that can be burned onto a CD or uploaded into a portable device. The label declined to comment as to whether it would authorize such functions in the future. MusicNet recently made a quantum leap forward in its bid to capture a piece of the mainstream music market, as America Online rolled out its version of the service to its 37 million Internet-access customers. Service competes head-to-head with label-supported rival Pressplay, as well as independent digital-music startups like FullAudio and Listen.com’s Rhapsody.