Record Labels Seeking Profits in T-shirts, Tours and More… Can U Say 360 Deal?

from reuters.com

from reuters.com

NEW YORK (Reuters) – Ravaged by dwindling music sales and rampant piracy, major music companies are bulking up expertise in an area of the business they used to ignore: T-shirts, baseball caps and other artist merchandise.

EMI Music said this week it is buying Loudclothing.com, a music merchandise distributor, for an undisclosed sum. The move comes after larger rival Vivendi’s Universal Music Group spent the last year expanding its Bravado merchandising unit globally.

read more…

Check out the article I wrote on 360 deals in the Music Issue of J’Adore Magazine…

SHOUT OUT TO TJ CHAPMAN FOR THE HEADS UP… Check out his blog right here

You Might Also Like

1 Comment

  • Reply
    December 25, 2009 at 3:59 am

    Super post, Need to mark it on Digg

  • Leave a Reply

    %d bloggers like this: