Cambridge, Mass. – ReDigi, the Cambridge-based operator of an online marketplace for used digital music, has raised $760,000 in venture capital, the company disclosed in a new filing with the Securities and Exchange Commission.
The free, cloud-based service allows users to store, stream, and/or sell legally purchased digital music, leveraging the first sale doctrine in the digital realm (and displeasing the recorded music industry in the process). Additionally, artists that participate in the company’s Artist Syndication Program get paid every time a user buys or sells one of their songs.
ReDigi’s technology facilitates the transfer of a digital music files from one user to another in a manner that the company says does not involve copying or file sharing. It handles only tracks originally sold on iTunes, which helps it authenticate the legal provenance of the song, and also because unlike other digital music retailers, Apple’s user agreements do not prohibit resales.
Part of this article was also published in New England Tech Wire. Chris Marlowe contributed to this version.
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Digital music resale platform ReDigi secures additional funding - 0 views
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If you like Amy Lee of Evanescence, you will fall in love with Klayrssa of Chamber of Echoes. Enjoy a 4-track preview with a special guest appearence \n\nhttp://thegreatunknowns.podomatic.com/entry/2010-02-05T07_04_39-08_00 \n\nChamber of Echoes is an industrial band that embodies the essence of a powerful singer with a gothic dose of musical melodies which make this music artist a force to be reckoned with. If Amy Lee of Evanescence and Trent Reznor of Nine Inch Nails were fused together in an accidental transporter incident, the result would be the birth of Klaryssa Korok, the heart and soul of Chamber of Echoes. \n\nRead my exclusive interview with Klayrssa at: \nhttp://greatunknownsmusicexpose.blogspot.com/2010/02/unbound-and-set-free-interview-with.html \n\nThank you for making The Great Unknowns Presents grow to 42,577 subscribers! \nInvite everyone to this group and make it grow even larger and surpass my goal of 129,000 subscribers to make this the number one podcast in America!
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"Death of A&R??? I'd say more of a re-shuffling of an already pretty well shuffled role. Over the years A&R people have been changing and adapting to what the music industry requires of them and what they as individuals require to be able to survive in the competitive landscape in which they operate."
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The first episode of 2010 goes to a well deserved Industrial rock artist. Self-produced, singer, songwriter, and composer Mike Trapp of CrimsonFaced earned this weeks spotlight for his kick-ass industrial and experimental type of music. He brings back a little of Nine in Nails with a twist of insane expression. Enjoy this 4-track preview.
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Heather McDonal's About.com site for anyone interested in getting into the music business - especially useful for independents
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Heya Michael & others in this group, just wanted to stop by to see how Diigo is being used by musicians to promote their music. If anyone has any good stats or info that'd be great! Marcus
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Bigg Jigg is an artist who has taken charge of his newly found music career and continuously exhibits the unwavering ambition which led him to B.E.T 106 & Park's "Freestyle Friday" where he was reigning champion for four consecutive weeks.
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If Amy Lee of Evanescence and Trent Reznor of Nine Inch Nails were fused together in some Sci-Fi accidental Star Trek like transporter incident, the result would be the birth of Klaryssa Korok, the heart and soul of Chamber of Echoes. Chamber of Echoes sound embodies industrial and gothic influence. Go to: http://greatunknownsmusicexpose.com
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for viability in the digital age of the music business
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Tools are best friends to increase productivity, perform better and increase earning. No field of life is untouched from tools. The smarter the tools you use, the smarter you become. Music industry in itself is very big, whether new artist struggles to find a way for success, the established one sweat it out to stay in the crowd. http://www.zeddes.com/
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Longevity in the industry is key!
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Listen to the full Audio interview at All Indie Magazine: http://www.allindiemagazine.net/2011/01/music-and-live-interview-with-jennifer.html
Or
The Great Unknowns Presents:
http://thegreatunknowns.podomatic.com/entry/2011-01-21T09_17_16-08_00
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Nobody Gets Killed (CD release party!)
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