Play Locally - Sell Globally: Grooveshark Brings the Power of Internet Music Sales to the Rich and Diverse World of Independent Artists and Labels

Grooveshark today announced a new independent artist and label program that allows independent musicians - who once were limited to playing music in local venues - to make the world their stage and have their music discovered and purchased globally.

GAINESEVILLE, Fla. (BusinessWire EON) August 15, 2007 -- Grooveshark (www.grooveshark.com) is the peer-to-peer (P2P) music file-sharing community that brokers music files free of digital rights management (DRM) between members. Their system offers the best elements of online file sharing, ensures copyright holders are compensated for their work, and provides consumers with the value of music files that can be played on any computer or device.

By completing the free registration on the Grooveshark Web site, www.grooveshark.com/labels, 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.

About Grooveshark

Grooveshark, a peer-to-peer (P2P) music file-sharing community that brokers music transactions between members, is a service of Escape Media Group, Inc. By charging for the songs exchanged between members, Grooveshark will compensate copyright holders and users while providing the convenience and selection of P2P file sharing in an online music community. All Grooveshark files are MP3 files made available by users and are free of digital rights management (DRM) technology, allowing users to play the songs they purchase on any type of computer or digital music player. For more information, visit www.grooveshark.com or www.escapemg.com.