Late last night the LA Times called around to confirm the deal and found that only Universal would say that it was close to a deal. EMI and Warner denied a deal was in place, and Peter Kafka says that Sony BMG has also denied that there was a deal in place. In short, no labels have signed on yet.
Qtrax's Free, Legal P2P Scheme Is Vaporware for Now
2008-01-29 10:47Ken Fisher of Ars Technica on the not-quite-true assertion by Qtrax that it had the support of all the major labels: