New York - Coffeehouse giant Starbucks, which in recent years has begun selling music in its stores with some success, plans to launch its own record label, the New York Post reported, adding that sources familiar with the plans say the company is close to a deal to put out a release from Sir Paul McCartney. While Starbucks' existing Hear Music venture releases compilation CDs featuring licensed recordings, the Starbucks Records label is expected to sign, record and produce its own artists. Sources told the Post that Starbucks could announce the label as early as this week.

Related Links:
http://tinyurl.com/3bog2x (New York Post)

http://www.hearmusic.com