Qtrax Lands “Bewildered Betty Award” for Announcing Deals with Major Music Labels Before Said Agreements Are Signed
Posted on January 29th, 2008 @ 1:14 am by David Politis.
Categories: Bewildered Betty Award, Ethics, In the News, Investor Relations, Public Relations.
Categories: Bewildered Betty Award, Ethics, In the News, Investor Relations, Public Relations.
Major PR faux pas by Brilliant Technologies puts future of nascent free music download service — QTRAX — in serious doubt
Can you think of ANY reason why a company would ever want to “announce” it had closed deals with one or more major partners at a HUGE industry event without having such deals actually signed?
Me neither.
Amazingly, that’s apparently what happened this past weekend at the MIDEM music conference held in Cannes. ![]()
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According to media reports from around the globe, New York-based Qtrax — a subsidiary of Brilliant Technologies (Pink Sheets: BLLN) — spent close to £500,000 to host a launch party that featured such recording artists as LL Cool J and James Blunt and was designed to promote the “fact” that Qtrax was going to announce Monday it had
- Signed deals with the four largest music labels – EMI, Universal, Sony BMG and Warner Music Group; and that
- These deals would provide more than 25,000 free downloadable songs for users of the new free ad-supported QTRAX music download service.
