Monday, October 13, 2008
EMI MUSIC TO LAUNCH ONLINE MUSIC STORE
In addition to iTunes and Amazon (and not to mention a bunch of much smaller players, it appears that EMI is preparing to launch a music service by the end of the year, representing the latest direct-to-consumer business being planned by a major label. Rumors are that the service may be located at emi.com. The music service will feature a mixture of paid and free content and may to include non-EMI artists as well, according to previous reports. EMI is not the only major considering the launch of a direct-to-consumer business. You would think that the major labels would of thought of this years ago – even before iTunes and Amazon got into position. It’s also rumored that the Universal Music Group is also planning to launch a site for its music videos as well as artist-focused content. The company currently has a large selection of its videos on universalmusic.com, a site that has advertisers such as AT&T and Traveler's Insurance. EMI is part of the EMI Group which is a music company comprised of the record company EMI, which operates several labels and is based in London, UK, and EMI Music publishing based in New York. EMI Music consists of over three million individual tracks and its artists include Charles Aznavour, The Beach Boys, Frank Sinatra, Diana Ross, Corinne Bailey Rae, Tina Turner, David Bowie, Joss Stone, The Lenny Kravitz, Rolling Stones, Robbie Williams, The Animals, and The Beatles. EMI’s music labels include Blue Note, Capitol, Virgin, EMI, EMI Classics, Parlophone, and Capitol Nashville.