DARE - Because Entrepreneurs Do

MyBand announced the launch of its Digital Store today. The digital store will enable all bands and artists to make available their owned content and enable online based transaction & sale of tracks from their released albums and yet to release albums, directly to the consumers.

MyBand Digital Store is aimed at bridging the gap between Artists and the Listeners who can now download individual digital tracks or complete albums in simple clicks across various genres of music. This provides the users / listeners an opportunity to pick content of their choice, which is available for download.

Speaking on the occasion Debashis Dey, founder of MyBand said - "MyBand Digital store is a platform designed on requests of Artists who we have personally met. At every occasion we have been told by Artists that they require a platform independent of Record labels and controlled by them. MyBand Digital store is a step closer to fulfill the artist requirement. MyBand Digital Store is flexible - the artists decide at what price he wants to sell his tracks or albums - the site only keeps a small percentage as management costs post the transaction is complete and acknowledged by the user."

Current analysis by IMI & Soundbuzz projects that the music industry will grow to Rs 4,100 crore in 2009 from Rs 1,450 crore in 2005. And this growth will be mainly driven by online & digital downloads, which will account for 88% of the music industry's revenues. This will also be accounted for, by mobile downloads in various formats.

Source: Business Wire India

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your mag.
written by arvind kumar mukul, August 29, 2009

YOUR MAG. is VERY INFORMATIVE .IWANT TO WRITE IN YOUR MAG.


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