:''For the science fiction television series, see Time Trax.
TimeTrax refers to a software and hardware platform by parent company Time Trax Technologies Corp. which allows audio recording from satellite radio, Internet streaming and traditional radio broadcasts. The company is best known for its disruptive innovation and leading role it played in the transformation of the business model of the music industry.
The original software was created by Scott MacLean to time shift XM Satellite Radio programming using the $50 XM PCR PC-connected satellite radio—doing so by recording the audio to MP3 format, and saving songs as individual MP3 files, named and tagged with the artist and song name. Now, the TimeTrax technology "de-aggregates" any radio-like broadcast and then reassembles that content, customized for the user. In other words, it records individual songs from the radio, saves each song as individual MP3 files and allows the user to build a music library.
Although XM initially encouraged third-party application development for the XM PCR radio, publishing links to third-party applications on its web site, XM discontinued the XM PCR radio after the release of TimeTrax.〔C|Net News.com (August 30, 2004) (XM Radio pulls PC hardware amid piracy concerns ). Retrieved February 17, 2007.〕 XM publicly stated that the discontinuation of the XM PCR was a previously planned product end-of-life, however several sources from within XM later confirmed that the withdrawal of the product was due to mounting pressure from the RIAA due to the emergence of TimeTrax. After the withdrawal of the XM PCR and because of the popularity of TimeTrax, used XM PCR radios started selling online for as much as $300.
== Acquisition by Time Trax ==
Acquired by Time Trax Technologies Corporation (a Delaware Corporation) in September 2004, they expanded the product offering to include hardware that functioned with the XM Direct radio, as well as the Sirius Connect radio. They also included functionality to operate with the XM Online streaming audio system. The company registered numerous patents, although there has been much debate about the validity of the patent of their system, due to its simplicity. At the 2006 CES (Consumer Electronics Show), Time Trax announced and demonstrated a new product, TraxCatcher. Traxcatcher resembled a 'clock radio' and had a dock and portable MP3 player. It functioned much like the satellite radio product, but for use with FM radio and had a 'line in'. This demonstrated more depth to the company's claims about their technology because FM radio does not provide the data stream with song name and artist (which provides the timing for 'cuts'). According to the media that got to use the product, it seemed to function as the company claimed (today, despite a commitment from the company, it appears that the product has not been made available for sale).
While receiving extensive press and media attention for the very visible consumer software and hardware products, the company also developed an OEM business as well as an international partnership which included the sharing of technologies with a company in Sweden called PopCatcher.
After stories featuring MacLean and TimeTrax appeared in the New York Times, USA Today, and in syndicated AP articles, TimeTrax became the de facto standard in time shifting of satellite radio. Time Trax’s Elliott Frutkin was a very visible critic of the entertainment industry and provoked the RIAA by press release titles such as "Will Time Trax Product Launch Rattle the RIAA, Again?" Time Trax was also involved in the Grokster Supreme Court case, insofar as they filed an 'amicus curiae' brief.
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