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Altnet
forges Digital Distribution Deals With
Epitaph, Koch, Militia Group, Palm Pictures, Side One Dummy
and Vagrant Records.
Woodland
Hills, CA (August 10, 2004) - Evidencing
the wisdom that it's better to ride a wave than try to stop
it, Altnet continues to stoke the evolution of digital
entertainment, increasing its record label partnerships to
more than 70 by forging fresh agreements with six more indie
labels to distribute music and video via peer-to-peer (P2P)
networks. The announcement comes in the midst of a partnership
between the leading online digital entertainment distributor
and the Vans Warped Tour to distribute and sell DVD-quality
downloads of show footage the next day after each takes place.
The
six indie labels are:
1.Epitaph
Records (Pennywise,
Bouncing Souls, Bad Religion, Tom Waits)
2. Koch
Records (Junkie
XL, Boyz II Men, Christine McVie, The Cardigans)
3. Militia
Group (Rufio,
Reeve Oliver, Copeland, Blueprint Car Crash)
4. Palm
Pictures (De
Lata, KOOP, Sidestepper)
5.Side
One Dummy Records (Flogging
Molly, The Mighty Mighty Bosstones, The Briggs, The Casualties)
6. Vagrant
Records (Alkaline
Trio, Dashboard Confessional, Paul Westerberg)
"We
are delighted to offer music fans digital access to dozens
of great bands while preserving the copyright integrity of
the works and ensuring a fair distribution of revenues to the
artist," states Altnet President Lee Jaffe. The reason indie labels are embracing
Altnet's technology, says Jaffe, is due to its penetration
and flexibility. "While giving our partners marketing
tools to reach their audiences, we also give them the ability
to control pricing.
Our secure Digital Rights Management
files, available on P2P networks such as Kazaa, allow labels
to charge what they want for individual tracks. This
is different from iTunes, for example, where everything is
a standard 99 cents." Altnet's
technology and tools also offer labels the choice to make certain
files free, such as music videos, for any number of plays or
amount of time, allowing them to create
their own packages of files (for instance, adding a free video with an album
purchase) and to offer a price promotion for any length of time.
Commenting
on the agreements, Douglas Mark, who serves as the attorney
for Epitaph, Vagrant and Militia Group, as well as major-label
artists such as Michelle Branch, said, "Independent labels,
who are in large part financially barred from playing the radio
and MTV game, now have access, via their own digitally protected
files, to the huge consumer base of P2P users. This
should prove to be a very healthy development for the marketing
and selling of a broad variety of music."
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