Beverly Hills, CA (March 9, 2006)–MusicFreedom.com, a new, “artist-centric” music community, officially launched last night at The Cutting Room in New York City. MusicFreedom.com has been designed as a new model by which artists can sell and promote their music to consumers, and forge relationships with industry people, as well as interact directly with music fans.
Musicfreedom.com’s launch party was also the first in a series of planned showcases over the next year. Last night’s showcase featured several musical artists who have already embraced the new site. The new company announcements were made by its COO, Michael Tucker.
Unlike other music initiatives, MF will host industry and commercial events promoting the site’s artists in an effort to build an organic, grass-roots brand that will co-exist both on-line and in the real world. By hosting these events, MF will provide its artists with real opportunities to develop their following and put themselves in front of fans, peers, industry experts and the A&R community at large. By using its complex scoring and user ratings systems, artists who excel will be afforded the opportunity to perform at these events. Ruth-Anne and Manic Mind, both to be featured at the Launch/Showcase, have been among the top rated artists on the site to date.
The business model for MF is a unique approach to what is seen as a fair and logical solution for selling and promoting artists’ music online. MF will not charge artists membership fees to post music nor allow free consumer downloads. MF will take a 50 percent share of the profit from sales of artists’ music.
On par with other online retailers such as iTunes, individual songs may be purchased from MF for $.99 and albums from $9.99 to $11.99 via mp3 download. This model will serve not only to allow artists to retain value and earn dollars for their music, but also provides real data in the number of songs sold, thereby amassing credible information on the popularity of emerging talent.