Wiredrecords to the file-swapping rescue

Australian music wholesaler Wiredrecords.com has announced it has secured the rights to the music catalogues of three of Australia's major record companies - BMG, EMI and Festival Mushroom - to provide a solution to the violation of copyright.

"It's our view that people will pay for music if it's cost effective, secure and has a wide range of music available," ehyou.com CEO Domenic Carosa said.

Wiredrecords.com - a joint venture between Sanity.com and ehyou.com - announced today a service offering users music downloads for a fee, providing some relief for embattled record companies and artists.

"It's fairly clear, if you're violating copyright, it's inevitable that you won't be around for long,"

"The worldwide boom in digital downloading and file swapping is robbing many artists of their livelihoods. The new service will protect their intellectual property and ensure that performers, composers and record companies receive proper payment for their work," Wirerecords.com general manager Richard Clarkson said.

Under the new service, the download of an entire album will cost around AU$10. A single track will cost 50 cents.

Wiredrecords.com will partner with the record companies to manage the sale of their music and to collect royalties for recording artists. It will also provide technical support and marketing to music retailers.

Initially, the service will be available through music e-tailers Sanity.com.au, chaosmusic.com and MP3.com.au.

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