As expected, Turntable.fm licenses songs from major labels
Turntable.fm, the music-sharing service that took music fans by storm last summer, has signed licensing agreements with all four of the top recording companies.
Last week, CNET reported that the company was very near to becoming a licensed operation. Turntable.fm is a little bit Napster and a little bit online radio. Users can become DJs and share music within virtual "rooms."
Billy Chasen, the company's founder, made the announcement at the South by Southwest conference. According to a report in Billboard, Chasen gave some credit to the labels for making the deals.
"Our model … Read more