Major labels preparing new digital album format

The four big record companies are to compete with Apple's forthcoming Cocktail project by developing their own format called CMX. The Guardian reports.

Sony, Warner, Universal and EMI are reportedly preparing a new digital album format that will include songs, lyrics, videos, liner notes and artwork.

The news comes just weeks after reports of a similar project, Cocktail, being developed by Apple. According to the Times, Apple rejected CMX and instead began work on an in-house alternative. It is not clear how Cocktail and CMX will differ, other than ownership.

... The major labels plan to launch CMX, which is just a working title for the format, in November. It will reportedly be "soft-launched" with a few select releases.

Read full article.

[via Switched]

emily | 9:46 AM | News, Buzz |
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