To: Savant who wrote (4337 ) 5/18/1999 1:12:00 PM From: R. Bond Read Replies (2) | Respond to of 18366
FYI: (BSNS WIRE) Music Web Site Wages Challenge to MP3.com; Receives Support Music Web Site Wages Challenge to MP3.com; Receives Support From Major Artists Business/Entertainment Editors and High-Tech Writers IRVINE, Calif.--(BUSINESS WIRE)--May 18, 1999--In an aggressive move, StreamlineMusic.com Tuesday launched a new business model that will, by all indications, offer the industry giant MP3.com a sure-fire run for its money. Murphy Karges, from the platinum-selling band Sugar Ray, commented, "StreamlineMusic.com will be a great collecting place for the music industry. This is the way music technology is going." StreamlineMusic.com markets and distributes music, giving 100 percent of the profit from sales to the artist or record label. The company will generate its own revenue via advertising sales and sponsorship. "Sites like MP3.com and others that claim to be doing something 'revolutionary' take 50 percent or more of a sale for really doing nothing more than providing a little server space," said Ruben Lozano, president of StreamlineMusic.com. "At StreamlineMusic,.com artists and labels retain 100 percent of what is rightfully theirs. Now that's revolutionary." "StreamlineMusic.com is a great way for both new and veteran bands to put the power of the Internet behind their music," said John Maurer of the legendary punk band, Social Distortion. "StreamlineMusic.com is the most exciting thing to happen to the music industry since the CD," said Maurer, who plans to distribute his own solo work through this site. Jake Bergman of the unsigned Southern California alternative band, the GoForthGetters, sees it this way, "The Internet is the perfect medium for self-promotion and StreamlineMusic.com has given us the ability to self-promote on the Web for free, and their reach is worldwide." Tony Terusa of one of the hottest and top-selling Christian bands in the country, The OC Supertones, added, "We as a band cannot wait to see the impact that Streamlinemusic.com will have in effectively utilizing the Internet as a tool to distribute music. Their plan is efficient and ethical, and it looks out for everyone. We are thrilled." The concept, birthed by Lozano, was hatched as a result of his love of music and searching for a better way of distributing it to the market that benefits all parties involved. Artists and record companies have complete control over the pricing of any products they sell through StreamlineMusic.com and the format in which it is distributed. Until now, record labels have been reluctant, at best, to dive headlong into downloadable music sales for fear of piracy. However, new formats such as Liquid Audio, AT&T Lab's a2b music, and Microsoft's MS Audio 4.0 now offer them secure means of distribution. Products can be sold in the form of downloadable files, or even a physical CD. The company will warehouse and ship CDs as part of its service. However, a large portion of the music on StreamlineMusic.com will be free to all music fans. The company is inviting artists, labels, and music fans to register at its Web site, streamlinemusic.com. Artists and labels can sign up and receive a free Web page to promote their music, free music download hosting and streaming, and product fulfillment support. The company expects to be in full swing by July 4, 1999. --30--RMS/np* JS/np CONTACT: StreamlineMusic.com, Irvine Troy Meier, 877/891-7001 E-mail: ruben@streamlinemusic.com KEYWORD: CALIFORNIA INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED ENTERTAINMENT INTERACTIVE/MULTIMEDIA/INTERNET Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com *** end of story ***