Make-your-own-download-store service People’s Music Store announced yesterday that it’s managed to convince Universal to part with the licenses necessary to allow people to sell its music for them. It expands the catalogue to include artists such as Amy Winehouse, Girls Aloud, U2, Kanye West, James Morrison.
You would have thought that major labels would be gagging for other people to start selling their MP3s for them, but it appears not to be the case. Only Universal have so far signed a deal with the revolutionary People’s Music Store service, and that’s led to a slow takeup from users – only 1,000 people have so far created the stores, which allow people to keep 10% of the profits earnt.
For digital music services to survive, they really need to concentrate wholly on getting the catalogue present – something that Spotify has excelled with. If People’s Music Store can sign up the other majors quickly, then it has a chance to do well, otherwise it’s likely headed for the internet graveyard – and that won’t be its fault, it’ll be the fault of the major labels.