Record Labels Adopt New Technology To Sell CDs!!!!!!!

by **J The Kidd** Mon Sep 29, 2008 12:40 am

Rihanna, Usher, Chris Brown, Akon and others will lead the recording
industry’s first major move away from the traditional CD format with to
the introduction of slotMusic next month.

According to the Wall Street Journal, SanDisk Corp. and the four
remaining major record companies have teamed up to create album-filled
memory cards that will be usable on mobile phones, PCs and select
portable MP3 players. The first offering of releases will include 29
albums sold in MP3 format without digital locks along with an adapter
to allow consumers the ability to transfer their purchases to PCs from
the USB ports.

SanDisk’s general manger of audio-video business Daniel Schreiber is
convinced slotMusic will strive due to its multi-compatibility with
different devices.

“I don’t have to convince you to buy anything; you already own it,”
Schreiber told Wall Street Journal. “I don’t have to convince you to
carry anything; you’re already carrying it.”

Expected to sell around the $15 price point in stores like Wal-Mart and
Best Buy, other artists included in the debut batch will be Robin
Thicke, New Kids on the Block, Weezer, Leona Lewis and Elvis Presley.

Composed of EMI, Warner Music Group, Universal Music Group and a joint
venture with Sony and Bertelsmann AG, the record companies’ decision to
make the digital move comes months after the success of artists like
Flo Rida who previously spoke about his record setting single “Low.”

“I thought it would be big but at this magnitude I definitely couldn’t
predict it,” he said about “Low” being No. 1 for ten weeks on
Billboard’s Top 100. “It’s just unbelievable. I have to pinch myself
sometimes.”

Despite poor record sales reportedly forcing labels to try alternate methods.

The new device is currently scheduled to hit retail stores around mid-October.