Merlin Announces Intent To Sell Music Via MySpace
January 22, 2007 at 5:44 AM (PT)
MERLIN, the new agency representing the world's independent music sector, has agreed to a deal with digital music company SNOCAP that will allow its labels' music to be sold from websites such as MYSPACE.
The group announced the deal at the annual MIDEMNET music conference in FRANCE, saying it would allow thousands of independent labels across the world to sell digital downloads of their music from their MYSPACE pages and other sites.
MERLIN was launched to secure licensing deals with emerging media such as MYSPACE and YOUTUBE. SNOCAP, founded by NAPSTER creator SEAN FANNING, will use its retail initiative called MYSTORE that enables music to be downloaded from websites. The MYSTORE and MYSPACE tie-up will launch in the "near future."
The downloads will be sold in the MP3 format, meaning they can be played on any portable music player including the iPOD.
"This immediately opens up what is currently the most popular website in the world to the independent labels," said MERLIN CEO CHARLES CALDAS.
The independent record label sector makes up for 30% of the music sold worldwide, with the rest from the four majors -- VIVENDI's UNIVERSAL MUSIC, SONY BMG, EMI GROUP and WARNER MUSIC GROUP.