Music Industry Sales Slump, STAYAROUND.COM Enters Into the Marketplace as Artists Look for New Internet Distribution Medium

Today one of the Web's leading ring-tone distributors, Symbios Group, announced that they are in the final stages of development for a new worldwide ring-tone and MP3 sales platform, due for launch by mid July 2004.

(PRWEB) July 5, 2004 -- Aimed predominately at the independent and emerging music markets, STAYAROUND.COM will provide a universal sales platform from which to Artists will have the ability to sell and promote their music in a wide range of formats; including MP3, polyphonic and real-tones.

Symbios Group will actively promote the venture through its portfolio of sites, three-hundred of which currently enjoy around 80 million visits per year. STAYAROUND.COM has announced that they are also in talks with a number of satellite TV channels and are developing an online radio station for its content.

A number of differences set STAYAROUND.COM apart from the other online legal distribution channels; primarily the ability to reach a world-wide audience, legally, with unsigned music and independent labels, in addition to offering un-heard content and ring-tones. This will initiate an expansion of all forms of alternative music and support smaller players within the music industry.

By using the STAYAROUND.COM platform, Internet traffic and billing expertise from Symbios Group, every registered end-user can financially benefit. Access will be provided to central resources and marketing tools, including the ability to upload biographies, gig guides, pictures and entry into a new chart endorsed by the brand will be included in the STAYAROUND.COM offering.

The result will be a wider choice of independent and niche music along with the ability to download unlimited amounts of ring-tones on a weekly basis for a fixed price.

At present the music industry is playing catch-up for a platform of legal downloads from the Internet. There is wide spread confusion in the industry today as many solo artists and record labels attempt to expose themselves on the Internet. The Internet and web-technology are jointly recognized as the way forward however reluctance to embrace new digital mediums at an early stage has lead to problems. Much of the industry has found, to their embarrassment that they are struggling to achieve online presence, and continue to see a reduction in sales.

Martin Montague, deal-maker and vinyl-junkie, for STAYAROUND.COM states "The global market for music and ring-tones is enormous. We have seen a considerable increase in the number of people looking for alternative music over the past few years. Unlike other leading brands we are predominantly focused on the Internet market for distribution rather than the high street. If you take the independent scene, small bands and the music that they produce, the picture is much bigger. The world is a large place and mainstream is only a small part of it. We have seen efforts by the music industry to make inroads onto the Internet. We are doing it the other way around; from the internet outwards, which in effect is a makeover of the music industry!"

STAYAROUND.COM is actively recruiting bands, independent music producers and artist looking for alternative distribution channels.

Companies wishing to work with Stayaround.com should contact Gavin White +44(0)1489889821
For further information about Symbios Group contact Martin Montague: +44(0)1489889822
For Press information contact Gavin White @ Symbios Group: +44(0)1489889821

FOR MORE INFORMATION ON SYMBIOS GROUP: www.symbiosgroup.co.uk
STAYAROUND.COM -- NEW MUSIC TO YOUR EARS

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