MP Free-for-all
Things are hotting up in the world of online music distribution. There's plenty of talk of MP3 re-emerging as the format of choice, with DRM systems being dropped - and the possibilty of watermarked MP3's, which could be tracked to provide accounting figures and royalty payments for artists.
It may seem crazy, but with the success of eMusic (currently second biggest online seller, even though no major labels are onboard) the model seems to work. The industry is seemingly unhappy about iTunes' dominance - and this could just crack it, making downloaded files playable on all varieties of player, bringing costs down and profits up due to boosts in sales...
As a side-note, Rope a Dope records are going 100% digital, much like Rykodisc going 100% CD in the olden days.
We now make money on every single project from record one. We don't have to deal with returns and reserves, we can sign and release a new band in a matter of weeks.
8th Jan 2007 - Tumblr