Category distribution music
Last month in the Digital Media Revolution we talked about tunecore - a new service that will distribute your digital music to iTuens Amazon and many other online retailers for a fee. Recently, WaTunes has announces that it will provide the same service entirely for free. WaTunes will help independant artists get their tracks listed in places such as Best Buy, iTunes, and Amazon and the artist will get 100% of the royalties. Sound too good to be true? How does WaTunes plan on making money to keep their doors open? CEO Kevin Rivers says they are planning on spinning off a social network where fans can buy tracks and ringtones through its storefront that will also be ad driven.
With a plethora of other social sites like MySpace Music, Pandora and Last.fm it is hard to tell what newWaTunes can bring to the game. But free is free - doubtful they will have problems atracting artists if their name gets out there.
Last month in the Digital Media Revolution we talked about tunecore - a new service that will distribute your digital music to iTuens Amazon and many other online retailers for a fee. Recently, WaTunes has announces that it will provide the same service entirely for free. WaTunes will help independant artists get their tracks listed in places such as Best Buy, iTunes, and Amazon and the artist will get 100% of the royalties. Sound too good to be true? How does WaTunes plan on making money to keep their doors open? CEO Kevin Rivers says they are planning on spinning off a social network where fans can buy tracks and ringtones through its storefront that will also be ad driven.
With a plethora of other social sites like MySpace Music, Pandora and Last.fm it is hard to tell what newWaTunes can bring to the game. But free is free - doubtful they will have problems atracting artists if their name gets out there.
Comments
Thank you so much for the post. A lot is happening within WaTunes as we're gearing forward to the summer. With new digital music stores, new opportunities, and new experiences, WaTunes is indeed creating an environment to where music is not only bought but also expressed. For more information about WaTunes (including recent press, score a 1-on-1 interview with me, and any other information.), drop us a line at: press@watunes.com and we'd be more than happy to provide you information.
Kevin Rivers
CEO, WaTunes.com.
Posted by Kevin Rivers (CEO At 02:59:56 PM On 04/11/2009 | - Website - |
I'm always overjoyed to see more companies come into this space. It shows just how many artists are out there, and just how many need powerful label services like the ones TuneCore provides.
Thanks for the mention!
--Peter
peter@tunecore.com
Posted by Peter Wells At 11:21:16 AM On 04/13/2009 | - Website - |
I would have to disagree on some of Peter's points here. Firstly, any business entering a market is out to compete. There is no middle-man or circulation around it. However, to me personally, any company aimed at helping out independent musicians to achieve great success into their music careers are good guys in my book.
I do agree with Peter that every music artists out there will search for the best solution to fit their needs. It's generally a question on whether or not you would like to pay for a service to sell your music or not. Whether you would like to give up a percentage of royalties generated or not. I would say that in the end, the consumers determines the winner.
Thanks again for your post as I look forward to hearing more things from you. :)
Kevin Rivers
CEO, WaTunes.com.
Posted by Kevin Rivers At 04:54:12 PM On 04/14/2009 | - Website - |