Boards
The Internet Saves Music?
Well, here's some interesting news:
"New service invites indie labels to compete with majors
A new service promises to enable independent labels to compete with major labels in selling their music online.
E-commerce company The Music Engine will digitise and store back catalogues for free and charge 2p per megabyte for delivery to the buyer. The company estimates independent labels will be able to make 50 per cent more money than they would through a digital retailer such as iTunes or MyCokeMusic. Record labels and artists could make as much as 75p on a 99p download, after paying The Music Engine and the MCPS for music publishing.
"This is pretty major news, flinging the floodgates open for labels selling downloads direct," said Sam Shentob, spokesman for the Association of Independent Music, a trade body for indepedent record labels. "Following the success of [record label] Warp's Bleep.com, this looks set to fuel a surge in labels selling downloads direct from their websites."
www.musicindie.org
Pretty exciting stuff for anyone in a band not prepared to sign their lives away to Sony or EMI etc..
"New service invites indie labels to compete with majors
A new service promises to enable independent labels to compete with major labels in selling their music online.
E-commerce company The Music Engine will digitise and store back catalogues for free and charge 2p per megabyte for delivery to the buyer. The company estimates independent labels will be able to make 50 per cent more money than they would through a digital retailer such as iTunes or MyCokeMusic. Record labels and artists could make as much as 75p on a 99p download, after paying The Music Engine and the MCPS for music publishing.
"This is pretty major news, flinging the floodgates open for labels selling downloads direct," said Sam Shentob, spokesman for the Association of Independent Music, a trade body for indepedent record labels. "Following the success of [record label] Warp's Bleep.com, this looks set to fuel a surge in labels selling downloads direct from their websites."
www.musicindie.org
Pretty exciting stuff for anyone in a band not prepared to sign their lives away to Sony or EMI etc..