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Grooveshark Signs Deal With EMI Music

Editor October 14, 2009

Grooveshark Signs Deal With EMI Music

Today, Oct.14th, digital music service Grooveshark.com announced it has entered into agreements with major label EMI Music and EMI Music Publishing that will give Grooveshark users access to content from EMI’s roster of current and legendary catalog artists and EMI Music Publishing’s songwriters. Grooveshark offers music fans the ability to stream songs for no fee from a vast catalog of music. Fans can enjoy Grooveshark’s music without having to download client software or register. The basic service is free to fans and supported by visual advertising. Fans who opt for a $3 per month premium service can enjoy unlimited ad-free streaming music. The site was recently named the best way to listen to music on the web by Rolling Stone, and just surpassed one million registered users. “EMI Music and EMI Music Publishing have collaborated with us to create a mutually sustainable deal which represents the future of digital music,” says Grooveshark CEO Sam Tarantino. “We will continue to deliver the best music service on the Internet to our users, and we will expand our capacity to strengthen fan-to-artist connections through our technology.”

“We think services like Grooveshark offer great music discovery options for fans,” said Mark Piibe, EMI Music’s Global Head of Digital Business Development. “In turn, Grooveshark offers a new revenue stream for our artists and will help us learn more about how we can better connect different types of fans with artists.”

The Grooveshark platform was created by a group of young music enthusiasts from the University of Florida with a core belief that harnessing existing technology could provide an easy-to-use, consumer-friendly legal music service. With this in mind, Grooveshark is aligning itself with artists, copyright holders and record labels who understand the inherent value in getting their music the exposure, analytics, and monetization that the Grooveshark system provides.

For more information, please visit www.Grooveshark.com.


Source:PR Newswire

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Filed Under: Uncategorized Tagged With: Deal, EMI, EMI Music Publishing, enthusiasts, Florida, Gainesville, Gators, grooveshark, major label, music, UF, University of Florida

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