Hottest Music stars select New Digital Music Marketplace

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Community-Powered Digital Music Service Re-invents Digital Music Retail Model Driven by Artists and Passionate Music Fans
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July 14, 2006 (Press Release) -- BurnLounge Launches BurnLounge 1.0 - Creating a Powerful Digital Marketplace


Community-Powered Digital Music Service Re-invents Digital Music Retail Model Driven by Artists and Passionate Music Fans
NEW YORK, June 9 -- BurnLounge, the world's first community-powered digital music service, announced today the launch of BurnLounge 1.0, a unique service that provides music fans with proprietary software and an expansive catalog of music, to create and sell music to peers from their own digital music stores. Additionally, the company has entered into an agreement with Signatures Network, enabling fans to sell merchandise from their favorite artists.
Since launching the public beta in October 2005, nearly 30,000 music fans have opened their own BurnLounge stores, including artists such as Kanye West, Kiss, Good Charlotte, Hootie and the Blowfish, James Brown, Willie Nelson, Dale Earnhardt Jr., Tony Stewart, Cuttino Mobley, Danica Patrick and John Salley. Currently, the service includes repertoire from major labels including EMI MUSIC, SONY BMG MUSIC ENTERTAINMENT, UNIVERSAL MUSIC GROUP and WARNER MUSIC GROUP, The Orchard, IODA, Iris Distribution, in Grooves, as well as hundreds of unsigned and indie artists that are able to license their content through BurnLounge.
"We have always known that fans promoting the music they love to their friends is powerful. BurnLounge utilizes a unique model called "concentric retail" to build a network of active music sellers and provides retailers with sophisticated tools and resources to promote their music to their peers. "Similar to the way a social network creates circles of influence, BurnLounge retailers can invite others to join their team to sell, promote and potentially profit from the sales of their entire network," said Alex Arnold, CEO. BurnLounge offers the following options for music fans to start their own digital store:
For $29.95 per/year the BurnLounge package provides fans with their own BurnLounge store, the proprietary site builder software called I.C.E. (Independent Content Editor) and a sample copy of BurnLounge Magazine; a digital lifestyle magazine covering today's best technology and hottest artists. All BurnLounge retailers earn points for every song they sell and can redeem those points for discounts in their own store.
The BurnLounge Exclusive package includes all materials included in the basic package, in addition to a full year subscription to BurnLounge Magazine, 120 songs from the "BurnLounge Presents" series and a monthly DVD containing live performances and interviews from established and new artists for just $129.95 per/year and $8 per/month.

For additional information, please visit www.musicmoguls.biz , watch the video and click on “become a retailer'.





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