Friday, March 19, 2010

ReverbNation Expands Music Distribution Service

ReverbNation launched an expanded digital music distribution platform this morning. In addition to iTunes, Amazon, Rhapsody, eMusic, and Napster, they've added 29 more including Spotify, Last.fm, MySpace Music, Zune, Wal-Mart, Lala, iLike, MOG, and Pandora and bundled them into two packages: Essentials and the Pro. Each package is priced as a flat annual fee of $34.95 to $59.95 per year. The best part about this expansion is that artist continue to keep 100% of the royalties from sales and, where applicable, streams of their music. The deal is still non exclusive and they will continue to take no ownership rights over the artists' music. All of the existing distribution customers who want it receive a free upgrade to the "Essentials" package as well. GREAT IDEA!!!! This expansion benefits both the artist and the consumer. The artist will receive a wider range of distribution, 100% royalties (with sales automatically reported to SoundScan), and a larger and more diverse fan base, whereas the consumer will have access to wider range of purchasing/music for a wonderful deal!

http://www.hypebot.com/hypebot/2010/03/reverbnation-expands-music-distribution-service-.html#more

-Angelique Moore-

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