Mar 11, 2008 • 1 min read

Qtrax signs Beggars Group

P2P service Qtrax has signed a licensing deal with the London-based Beggars Group, which includes XL, 4AD, Matador and Rough Trade.

Qtrax, the company with ambitions to launch a legit P2P file sharing service, which claimed to have the major record companies on board, but which hadn't, has signed up another record company, though not a major. Following deals with struggling US indie TVT and various music publishers, Qtrax said yesterday that it had reached a licensing agreement with the London based Beggars Group which, of course, incorporates a number of indie labels including XL, 4AD, Matador and Rough Trade. The P2P firm told reporters yesterday: "Beggars has consistently shown themselves to be true visionaries in the world of independent music, and we are thrilled to have their support".

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