MP3Tunes Launches On-Line Music Store

[DudeAsInCool]

MP3tunes Online Music Service Opens With 300,000 Songs

MP3tunes, a new digital music store started by Michael Robertson, founder and former CEO of MP3.com, opened for business on the Internet at www.mp3tunes.com. Robertson, CEO of MP3tunes, unveiled his new venture at the Desktop Summit in San Diego this week. Songs are available for download from the MP3tunes site for $0.88 per song or $8.88 per album.

"Digital music sales make up less than two percent of the total music business because many consumers know they aren't really buying the music - they're renting it from a big corporation that controls what software, computer and portable devices they can use," Robertson said. "A consumer-friendly digital music store that provides true music ownership to paying customers can triple the digital music business almost overnight.

Read more here:

http://www.mi2n.com/press.php3?press_nb=76649

[Redneck4sure]

It seems that what he is trying to sell is indie music mp3's which can be bought at emusic for 25 cents or less a track. He is no lightweight so I guess he has a viable plan but at 88 cents I don't see how this is going to work. The majors are going for the deal. Am I missing something? At face value this seems to me like an awful idea. On the other hand if he can buy it cheap enough he won't have to sell near as many d/ls to make a profit.