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The first website hosted in Hong Kong to offer legal music downloads will be launched next month in a bid to curb copyright piracy.
The site - www.eolasia.com - will charge $8 for each song and is expected to carry more than 100,000 international, Canto and Mando-pop hits from Universal, EMI, Warner and Sony BMG, as well as local record companies.
It will be operated by I-Content - co-founded by computer giant Acer and Golden Harvest - and Morningside Technologies and East-West Entertainment.
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I-Content chief operating officer Alan Choy Yuk-pong said the company was confident in the market for its music downloads, despite the popularity of sites offering illegal downloads for free.
'We know not every user wants to download music illegally - they are quite willing to pay, they just don't have a choice,' he said.
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A survey by market research group TNS estimates the local music industry has lost $1 billion in the past 30 months through illegal downloads.
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