Axehole

Musicnotes announced today a licensing arrangement that will authorize a newly launched Musicnotes guitar tab download website that utilizes the copyrighted music of the Harry Fox Agency’s participating music publishers on a commission free basis.

Through this arrangement, which will be offered on a commission-free basis to HFA’s 31,000 music publishers, participating publishers will receive a percentage of all advertising revenue generated through views or downloads of tablature of their songs on the web site, while still retaining control over their song catalog in a robust online community.

“We are excited to have the technology and the expertise to assist publishers and songwriters in monetizing this burgeoning area of interest among musicians which, until now, has largely not been served in this way. Our experience as the world’s leading digital sheet music company has placed us in a unique position to deliver this guitar tablature to millions of interested consumers,” said Kathleen Marsh, CEO of Musicnotes.

“Musicnotes proves the viability of a copyright-friendly, ad-supported guitar tab website,” said Gary Churgin, HFA President & CEO. “HFA has expanded its licensing and royalty distribution capabilities to support this kind of service, and we will continue to adapt to new licensing opportunities and models such as this to provide the most comprehensive service for our publishers.”

Musicnotes expects to launch its new guitar tab site in the summer of 2007.