We think this will create an authentic, new way for people to discover and purchase music online.
London, London (PRWEB) February 8, 2009
People's Music Store, the first music store entirely powered by music fans, today announced a seed round of funding from serial media entrepreneur Paul Higgins and a partnership with legendary British record label, Beggars Group. With People's Music Store, fans can set up their own record stores, design the storefronts, choose music from the catalogue of more than 250,000 songs, write their own reviews, and market their store online. Storekeepers earn points for everything they sell, which can be used to buy more music. After just a few months in alpha, people have already set up more than 650 stores.
People's Music Store was started by Ged Day, the founder of pioneering music store Bleep.com and co-founder of award winning Warp Films. He is committed to putting power in the hands of fans, and has given them full control on the site. Music featured on the homepage is completely democratic, decided based on popularity metrics. Storekeepers also get to decide what bands to stock and how to market the music, allowing passionate music fans to help others discover independent bands or labels.
"I believe the collective knowledge of serious music fans is more compelling and can scale more effectively than any company can do on its own. That's the idea behind People's Music Store - giving fans the power to curate their own online stores, promote their favorite artists, and write about the music they love," said Ged Day, founder of People's Music Store. "We think this will create an authentic, new way for people to discover and purchase music online."
Stores can easily be personalized and promoted on blogs, Facebook or MySpace pages using the widgets on the People's Music Store site. The personal and honest reviews of music fans on their blogs or social networking pages will drive traffic to the site from several different sources. It will also help artists identify and connect with their most vocal fans.
People's Music Store is free for users and storekeepers to join and for every product sold from a store, the storekeeper earns 10% as reward points to spend on music.
More about People's Music Store
People's Music Store was founded by Ged Day, previous founder of the pioneering music download service, Bleep.com and co-founder of Warp Films. Ged's career in the music industry spans over 20 years and includes work for Network Records, Ideal Distribution, Rough Trade Shops and Warp Records. Currently working with 4.500 labels, including: 4AD, XL, Rough Trade, Matador, Dominio, Warp, ZTT, Chemikal Underground, Vagrant, Ninja Tune, Southern Fried Records and others. People's Music Store has 250.000 tracks available, including well known artists like Adele, The Arctic Monkeys, Fleet Foxes, Oasis, Franz Ferdinand, Aphex Twin, Roots Manuva and many others. People's Music Store has already 650 stores and hundreds of fans.
More About Beggars Group:
The Beggars Group's musical focus is fiercely independent. Founded in 1976, the Group now consists of four active labels (4AD, Matador Records, Rough Trade Records and XL Recordings) and is considered to be one of the largest Independent Group of labels in the World.
Artists currently working with the above labels include Adele, Anthony & The Johnsons, Basement Jaxx, Beck, Belle & Sebastian, Beirut, Blonde Redhead, Bon Iver, The Breeders, Camera Obscura, Cat Power, Jarvis Cocker, Dizzee Rascal, F_cked Up, The Hold Steady, Mogwai, M.I.A., My Morning Jacket, Mystery Jets, The National, The Raconteurs, Lou Reed, Scott Walker, Sigur Rós, Sonic Youth, The Strokes, Stereolab, Super Furry Animals, Thom Yorke, TV on the Radio, Vampire Weekend, The White Stripes and Yo La Tengo.