Several online sources, including Top40.com, MN1.com, and PR-inside.com seem over optimistic with the launch of the new Gold Entertainment as the torch-bearer for rise of a better and stronger Indie Music Business. Think of it as the Indie Labels on steroids, getting even with the Big 5 (or 4 is it now?). At this point, it’s hard to project to what extent Gold Entertainment will be using its juiced muscles to manipulate the industry for the indies’ benefit. Gold Entertainment Group wants to hit consumers from all sorts of media outlets, including venue, satellite radio, TV and the internet.
Gold Entertainment does get brownie points for being forward thinking, and adapting new technologies to reaching its markets, but the distribution company has yet to show the masses what it could do.
“Gold Entertainment Group Inc. recently took the new direction as an entertainment and distribution company of content for Television, IPTV and the Internet. In short, the company focuses on the music industry, production and distribution of Television shows, utilizing business opportunities offered through broadcast television, cable, digital satellite music services, and Internet downloads.
“Our goal is to offer consumers of the digital music market, the live performance market, and the recorded product market the opportunity to experience professionally performed, expertly produced, efficiently distributed music shows of many genres focusing on emerging talent,” the company stated.
As earlier proposed to a new business model where free music will find revenue through touring and merchandise, Gold Entertainment group plans to launch its own series of venues, dedicated to showcasing up-and coming bands in the indie scene. But will Gold Entertainment be using these venues to their advantage? A lot of people are giving Gold Entertainment high acclaim for boosting indies in their time of need, but how do we know if Gold will be using a Pay-to-Play business for its venues? Can indie bands even make money by playing these venues through Gold if they cannot make ends meat through record sales? Will Gold be taking a cut from merchandise booth sales from bands as profit for showcasing bands? How will audiences respond to new venues? Will they be 21+? There are so many questions that are yet to be answered, yet every other website is heralding Gold Entertainment as the savior of this business. Gold Entertainment sees profit in indies as the Big 5 is being crushed by its own weight. The article can be viewed here: http://www.mn1.com/members/modules.php?name=News&file=article&sid=13635
Gold Entertainment does get brownie points for being forward thinking, and adapting new technologies to reaching its markets, but the distribution company has yet to show the masses what it could do.
“Gold Entertainment Group Inc. recently took the new direction as an entertainment and distribution company of content for Television, IPTV and the Internet. In short, the company focuses on the music industry, production and distribution of Television shows, utilizing business opportunities offered through broadcast television, cable, digital satellite music services, and Internet downloads.
“Our goal is to offer consumers of the digital music market, the live performance market, and the recorded product market the opportunity to experience professionally performed, expertly produced, efficiently distributed music shows of many genres focusing on emerging talent,” the company stated.
As earlier proposed to a new business model where free music will find revenue through touring and merchandise, Gold Entertainment group plans to launch its own series of venues, dedicated to showcasing up-and coming bands in the indie scene. But will Gold Entertainment be using these venues to their advantage? A lot of people are giving Gold Entertainment high acclaim for boosting indies in their time of need, but how do we know if Gold will be using a Pay-to-Play business for its venues? Can indie bands even make money by playing these venues through Gold if they cannot make ends meat through record sales? Will Gold be taking a cut from merchandise booth sales from bands as profit for showcasing bands? How will audiences respond to new venues? Will they be 21+? There are so many questions that are yet to be answered, yet every other website is heralding Gold Entertainment as the savior of this business. Gold Entertainment sees profit in indies as the Big 5 is being crushed by its own weight. The article can be viewed here: http://www.mn1.com/members/modules.php?name=News&file=article&sid=13635
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