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MusicNet Acquires Digital Music Rights From BMG

MusicNet, a leading digital music company, has acquired digital music rights and features from BMG including rights related to permanent downloads, CD burning, transfers to portable devices, free trials, and access from multiple computers, among other features.

Alan McGlade, CEO of MusicNet stated: "This announcement is yet another critical step in the advancement of MusicNet's business. It provides us with a wider scope of rights for BMG's quality music catalog and is yet another step forward as we lay the foundation for a great music offering for consumers."

"BMG is pleased to participate in MusicNet's growth and the development of a meaningful digital music market," said Michael Smellie, chief operating officer, BMG. "Today's announcement is an important step that will improve the consumer experience and provide fans with flexibility and easy access to a wide offering of their favorite music."