MTV Networks will provide fans texts of songs

Today, MTV Networks launches initiative, in which users sites MTV, VH1 and CMT (Country Music Television) will be given an opportunity to search the texts of songs, writes a blog CNET News Carolyn McCarthy.

To do so, MTV has entered into an agreement with Gracenote, which has the rights to the distribution of texts compositions of several major record label. In the near future, MTV Networks also plans to offer users of cellular phones for mobile search tools texts of songs. In addition, under contract for the channels MTV, VH1 and CMT will be demonstrations of new issues is well known in the United States playing Name That Tune.

Financial terms of the transaction are not disclosed, so it was unclear how MTV Networks will be the price of Gracenote. Obviously, only that the Recording Studios in resentment and will not go to receive monetary compensation whenever users search the texts of songs label. The search results than texts will also streamed multimedia information on the artist songs, news from MTV News and links to online resources where you can buy the song.

By MTV Networks initiative will begin in November this year. Initially, users will have access to the texts 500000 compositions, and by mid-2008, "library texts" will be expanded several times.

The agreement with BMG Music Publishing, Universal Music Publishing Group, Sony / ATV Music Publishing, Peermusic and other label company Gracenote concluded in July this year. The Treaty gave it the right to legally distribute the texts in North America more than a million songs. Until this pores Recording Studios did not conclude these transactions, and the sites where users can find the words favorite songs, acted in hiding.