People's Music Store Gets Funding for Fan-Operated StorefrontsAuthored by Mark Hefflinger on February 9, 2009 - 9:09am.
London
- People's Music Store, a service that lets music fans create and operate their
own digital music stores, has secured an undisclosed sum of seed funding from
entrepreneur Paul Higgins.
The company also announced a partnership with U.K. independent label Beggars Group. Started by Ged Day, founder of Warp Records partner commerce site Bleep.com, counts more than 650 consumer-created online music stores after being available for several months in alpha testing. Music fans can design their storefronts, choose tracks from a library of over 250,000 songs, write their own reviews, and market their stores online. Storekeepers pay nothing to join and earn 10% of every product they sell as "reward points" that they may then spend on music.
Related Links: tags: Deals | VC | Music | Indie | Retail | User-Generated | Beggars Group | People's Music Store | Paul Higgins |
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