Linked by Eugenia Loli-Queru on Fri 1st Sep 2006 06:20 UTC
Magnatune has the right idea and we love their motto: "We Are Not Evil". They are a real record label but they give away 128 kbps mp3s of all their artist's songs for free. If you like what you hear you can purchase higher quality DRM-free FLAC, Mp3, OGG, AAC, WAV versions at a price you set! If you don't, you can always keep, share or delete your legally downloaded 128 kbps mp3, your choice. They are sharing revenues 50/50 with their signed artists and they allow consumers to share their purchased songs with 3 friends. What sets them apart from other "free music" web sites is that they actually sign artists that are able to produce high quality music and are serious about their work (rather than just being a random mp3 hosting site). Also, artists keep all of their work's rights.
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Member since:
2006-07-26
Have the majors been clueless about building initiatives around the net and using it as a distribution channel? How long did it take them to make steps towards the platform? What did it take for them to do that?
The majors will play it safe as usual. Can we expect anything else? Let's face it they are still some what scared, although the confidence level is building due in part to faith in the almighty DRM -- but still confusion surrounds; what model will work if at all be the "IT" model? How can we keep the business exactly how it's been and play in the online space as well? They have everything to lose and nothing to gain.
More than likely they will be playing catch-up to independents like Magnatune but by then it will probably be too little too late.