Play locally, earn money globally.Everybody knows that the future of music lies in digital distribution, which offers not only lower costs, but also the ability to reach a global audience like never before. New and independent artists however, often have a tough time figuring out how to monetize digital distribution aside from MySpace links or word of mouth. Grooveshark now provides an easy method for these artists to continue playing in local venues while making money globally and having the chance to make the world their stage. As I've mentioned before, Grooveshark brokers music transactions between members, charging for the songs exchanged, and compensating copyright holders and users while providing the convenience and selection of P2P file-sharing in an online music community. By completing the free registration on the Grooveshark Web site, independent artists and labels have the opportunity to not only populate the community with their music, but also take advantage of the profit potential available through the first P2P community that pays artists and copyright holders. “What every artist wants is to have their music heard and to profit from their passion and talent,” said Travis Keller, a musician and owner of the independent label Buddyhead. “The power of social media combined with the fairness and money-making opportunities provided by Grooveshark opens doors and even careers for countless musicians.” According to Sam Tarantino, Grooveshark founder and CEO, “We've created this system to finish what the digital revolution started: to let any person in the world make their music available to anyone in the world – but this time, everyone gets paid. “The music industry is clearly in a state of change right now, and that can seem rough at times, but we are at the dawn of a new era,” Tarantino added. “Some of the best new music is coming from the independent ranks, and Grooveshark offers an unprecedented opportunity for artists and labels to get exposure around the world.” There is no charge to sign up, and copyright holders receive a portion of the revenue generated by the exchange of their music on the Grooveshark network. So, if you're a new band trying to get your music out there and looking to get compensated in the meantime, Grooveshark's new Indie outreach may just be what the doctor ordered. Looking for more stuff to watch or download?
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