Los Angeles, California (PRWEB) June 21, 2014
Earbits, the innovative music-streaming platform, reports that it has secured new capital investment and will re-launch this week. Coming just a day after Earbits announced that it was ceasing operations due to a funding shortfall, investors have breathed new life back into the company.
Boasting over 13,500 independent artists, Earbits has pioneered a disruptive business model that generates higher market value than any of its larger industry competitors. Their two-sided digital media marketplace enhances the relationship between artist and fan while driving ten or twenty times the returns over ad-based services.
“Our new strategic partnership provides the resources and capabilities needed to fulfill our shared vision for the future of global digital media,” said Joey Flores CEO of Earbits. “We are now confident and poised to transform the music industry for the betterment of both the fans and artists.”
Earbits to Re-Launch on Web & iOS
The company reported that Earbits will re-launch later this week in its most recent iterations for web and iOS devices, “We are excited to get services reestablished for our existing users while we begin our work on propelling the future for Earbits,” said Flores. “Our prospects are now very bright, indeed.”
Earbits is the first commercial-free, streaming music service designed exclusively for marketing music products and live events. Earbits allows labels, bands and concert promoters to buy increased exposure in targeted channels under its Priority Airtime program. The company already has over 650 labels, 13,500 artists and over 380 channels on its fast-growing, online music service. Founded in January 2010 with headquarters in Venice, CA. For more information, visit http://www.earbits.com.
855-327-2487 | joey(at)earbits(dot)com