The new year brings more bad news for traditional record labels as another music heavyweight jumps ship for the future of music distribution.
There’s a “confirmed” rumor up on the Boy Genius Report blog that mega superstar rapper Jay-Z is going to team up with Apple to launch a new record label.
Set to step down from step down from his post as president of Def Jam Recordings, one of the world’s best-known record labels, after the expiration of his current contract, the move could create a new powerhouse of music innovation and artistic expression.
Though Jay-Z, aka Shawn Carter, still owes Def Jam several more albums himself, the new record label could harness his talent at spotting and nurturing an artist’s potential.
More importantly, it could mean an influx of more music singles, presumably on Apple’s iTunes, that could be available for people to download within hours of their production instead of the usual 6 months or so it takes so that record labels are able to “figure out how to market them.”
Either way, following news that music sales were down 21% for Christmas 2007, 2008 is shaping up to be a terrible year for the traditional music industry. I’m not a big Jay-Z fan, but this move proves once again that at least he knows music and what its future lies.
With a majority of music fans buying digital MP3s from iTunes to play on their shniy iPod it’s a no-brainer that teaming up with the hub of all this action is the way to go.
Way to go Jay-Z!
Looking for more stuff to watch or download?
STUDY: Mac Users More Likely to Pay for Music than PC Users
Canadian Music Creators Also Support Legalized P2P
Saul Williams Follows Radiohead’s Lead, Lets Fans Decide What to Pay
RIAA Argues that Ripping MP3 from CDs Is Illegal
Sir Paul McCartney: ‘I Also Downloaded Radiohead’s ‘In Rainbows”
Songbird, the Firefox-like Media Player
Radio Blog lets you play music for free and put tracks on MySpace
Stream thousands of Rock N’ Roll concert classics for free on “Wolfgang’s Vault”
TVLinks Alternatives for Free TV Shows & Movies
3 Quick Ways to Watch Movies for FREE!
3 quick ways to watch TV shows for FREE
News Tip? Comment? Suggestion? jared@zeropaid.com
Related Posts
- RIAA Takes Another Hit as Madonna Prepares to Dump Record Label
- Apple denies it bid for record label
- Record Label Actually ASKS Fans to Share Its Music on the Pirate Bay
- Record Label Joins Forces with Mininova to Distribute, Sell Music
- Report: Apple in Talks with Record Labels for Unlimited iTunes
Loading ...
Well. I am not a fan of apple (except for the iPod) but good for him.
Not that I like the whole Apple / iPod thing. I prefer just a mp3 player no needed interface just drag mp3’s over to it and play.
But good on him for getting on the bandwagon he’ll have much more success this way.
Not that I like the whole Apple / iPod thing. I prefer just a mp3 player no needed interface just drag mp3’s over to it and play.
But good on him for getting on the bandwagon he’ll have much more success this way.
Not that I like the whole Apple / iPod thing. I prefer just a mp3 player no needed interface just drag mp3’s over to it and play.
But good on him for getting on the bandwagon he’ll have much more success this way.