Record Labels

Record Label Spotlight of the Week: Magnatune Records

Now this is interesting! Check out Magnatune Records a record label that advertises themselves as being “not evil.” Brilliant idea but they go beyond a catch phrase and allow you to “try before you buy” by applying the shareware principal to music. You download an MP3, if you like what you hear you buy it online or license it for commercial use. The artists get 50% of the purchase price and keep the rights to their music. Is this a preview of the wave of the future or pie in the sky idealism? Only time will tell but I hope it is the former.
UPDATE: Magnatune is featured in a Wired Online story here.