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MusicGiants Offers CD-Quality Downloads

In a press conference held September 28 at Sony Music Studios on West 54th Street, MusicGiants —see Wes">http://www.stereophile.com/news/051605musicgiants">Wes Phillips' earlier story on this company—announced the launch of a new music download service that offers CD-resolution digital recordings from the major artists on the major music labels, EMI, Sony/BMG, Universal, and Warner.

MusicGiants: "First Company to Offer High-Fidelity Downloads"

We Get Letters Department: Stereophile editor John Atkinson recently received the following email from Tony Fisch, the director of corporate development at MusicGiants: "MusicGiants (www.musicgiants.com) will be the first company to offer high-fidelity downloads from all record labels. MusicGiants uses Microsoft WMA 'lossless' codec (450kbps) to preserve 100% of the music. The result is music that sounds just like the artist intended. Finally, real music downloads up to 1100kbps. MusicGiants' downloads will be $1.29 per track, and $15.29 per album.

Musicians Win Web Royalties

Thanks to an agreement reached in October, musicians, rather than their record labels, will receive royalty payments for the use of recordings distributed over the Internet or broadcast over cable and satellite systems. Royalty collection agency SoundExchangehttp://www.soundexchange.com">SoundExchange; will distribute payments directly to performers, regardless of their contracts with the record companies, according to a statement issued the second week of November.

Musicians' Site Signs Beatles Producer George Martin

The man who signed the Beatles to their first recording contract has joined garageband.comhttp://www.garageband.com/">garageband.com;, an online venture for musicians. On October 21, the San Francisco-based website announced that Sir George Martin has assumed the position of chairman of its advisory board. The board's membership includes some of the music industry's best-known professional and creative talent, according to garageband.com co-founders Tom Zito and Jerry Harrison.

Musicland Stores Take Retailing Online

Wednesday, June 23, was an auspicious day for Musicland">http://www.musicland.com/">Musicland Stores Corporation. That day the Minneapolis, Minnesota-based music and video retailer took its sales online. Four websites, each mirroring one of Musicland's four divisions, went live simultaneously with a promotional contest offering customers the chance to win daily and weekly prizes and a $10,000 grand prize---including a Sony home entertainment system. Participants can also win a trip for two to the World">http://www.wwf.com/">World Wrestling Federation Summer Slam in Minneapolis on August 22.

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