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Music/Merchandise Company loudbytes Announces Groundbreaking Agreement with Nielsen SoundScan

RnMTeam by RnMTeam
July 9, 2010
in News Releases, press_releases
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MUMBAI: loudbytes, a company that connects digital music and media to merchandise announced today a groundbreaking agreement with music reporting agency Nielsen SoundScan. The deal establishes a new framework for digital music downloads to be sold with an almost endless variety of merchandise using loudbytes download codes and online redemption platform. Under terms of the agreement, products that come with loudbytes music download codes can now be sold in the physical world as digital singles, EPs, and albums and will be counted as sales by SoundScan.

Artists and record labels can buy customized merchandise from loudbytes including buttons, stickers, patches, key chains, t-shirts/apparel, coffee mugs, and more that come with music download codes. They can also purchase just the music download codes themselves, which includes use of the loudbytes redemption platform, and attach the codes to their own merchandise using hangtags or sticker. Each code is redeemable online for a digital music single, EP, or album specific to each artist and their merchandise. Music is stored on loudbytes’ servers and delivered in an MP3 format to consumers when they redeem their music download code on the loudbytes website.

With this agreement, sales will be counted via SoundScan when customers redeem the download codes that come printed on, adhered to, or attached with the merchandise product they purchased. loudbytes and SoundScan have devised a formula so that almost any piece of physical merchandise with a loudbytes’ music download code can be sold as a digital music single, EP, or album and count as an official sale.

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loudbytes is not about originating sales online, it’s about creating new ways to sell digital music in the physical world,… says Ruben Lozano loudbytes Founder & CEO. Most retailers are never going to stock CDs but this doesn’t mean that they don’t want to sell or promote music, many of them do. loudbytes is creating music merchandise that organically fits with the products and music interests of individual retailers. We aren’t looking for consumers to change their behavior; we are trying to fit music and a new generation of music products into it….

loudbytes started reporting sales to SoundScan in April and its products are currently sold at merch booths by a growing number of artists on tour. Early adopters of these SoundScan reporting products include Red Bull Records, Myspace Records and Suburban Noize Records among others. “With the way the music industry is today, we need to think out of the box! loudbytes offers an innovative and effective avenue to get music into the hands of fans! Surburban Noize Records is working with loudbytes for many upcoming releases,… states Daniel Vega, Marketing Director Suburban Noize Records.

loudbytes recently developed samples of one inch music buttons for Victory Records that can be sold as digital music singles. Each button comes with its own custom packaging that includes a download code. When asked about loudbytes and its new line of music and merchandise products, Mike Howes, head of sales for Victory Records commented, loudbytes buttons and download products are a creative and exciting new way to approach the continual progression of the digital music landscape.”

loudbytes is also creating samples of its products for Eulogy, Heavy Artillery, Five Alarm Fire, Union Entertainment Group, No Sleep Records, Eyeball, and Rise Records, among others. Artists and labels can buy their own customized music and merchandise solutions directly at www.loudbytes.com.

loudbytes has been offering new and innovative ways to connect music and media to merchandise since 2007. Its products have been used for promotional purposes by record labels and corporate clients including CBS Records, Fearless Records, RCA Records, MySpace Records, Primary Wave Music Publishing, Jack in the Box, Music Saves Lives/Warped Tour, Draven, Katin, and EMI. The loudbytes platform has been used to distribute music and media by The Black Crowes, Katy Perry, All American Rejects, Pennywise, Hanson, Bad Religion, The Maine, Thursday, and many more.

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