Masterbeat
represents the latest, greatest evolution in the dance music
industry and digital download sales. At last, the average
consumer will have access to a virtual shopping mall of
genre-spanning dance and electronica music: House, Disco,
Trance, Freestyle, Pop Remixes and more. By finally placing this
music in the grasp of fans – and control of its release firmly
in the hands of record labels – Masterbeat will unlock
enormous potential to reinvigorate and revitalize the dance
music industry in America.
"We're in the middle of another format change," says Brett
Henrichsen, Founder and President of Masterbeat. "We have
to reinvent ourselves or die." With music sales migrating from
physical delivery (CD) to digital (online), the dance industry
requires the brand-name cache of a single, unifying online music
retailer. Henrichsen harnessed years of experience as a revered
club DJ and record label founder – plus years of frustration in
trying to find his favorite tunes – to create the concept of
Masterbeat.
First, he compiled the world's deepest DJ crate - an online
catalogue of dance music's breaking hits, classic tracks,
underground gems and fierce remixes – finally available for
purchase to the average fan. For the January Beta launch,
Masterbeat has already teamed with the most important labels
in dance music: Ultra, Nervous, Strictly Rhythm, Tommy Boy and
more.
Second, he defined the future of digital sales and download
technology, including an innovative, self-administrative system
("Control") that allows record labels unprecedented authority
over the marketing, distribution, and sale of their music to
consumers.
"Dance music has a limited shelf life," says Henrichsen. "When a
club-goer hears a song they love, they want to go home that
night and buy it. But if they can't find it immediately, they'll
download it illegally." Existing online music retailers (iTunes,
etc.) rarely make dance songs purchasable until long after their
period of peak popularity, an approach that has disenchanted
dance fans and damaged the industry's sales, growth and esteem
in America.
Masterbeat
provides immediate access to legal dance music downloads by
allowing record labels to manage their own online catalogues:
uploading new music releases, providing artwork and full-track
music samples, conducting email marketing, and tracking sales
statistics through a simple and effective back-end interface.
This self-administrative method significantly reduces
distribution lead-time, allowing labels to provide commercial
sales while songs are still receiving critical promotional play.
Finally, Masterbeat unlocks the dance genre's enormous
growth potential. According to RIAA statistics, dance music
represents 5% of US Genre Market Share. This modest estimation
contrasts with the global appeal of dance music, arguably the
most popular international genre. Unavailability and a niche
reputation have previously constrained the dance industry's
stateside success, but the brand-name recognition of
Masterbeat (a Nielsen Soundscan reporting outlet) "has huge
potential to bring dance music above ground… while retaining its
underground cool," says Henrichsen. In addition, the entire
music catalogue will be searchable via popular online search
engines (Google, Yahoo!, etc.) bringing the genre closer than
ever to an interested mainstream audience.
Beginning with the January Beta launch, March main launch, and a
2008 World Tour that will bring participating DJs and
high-profile promotion to the international club circuit,
Masterbeat is poised to redefine the concept of online music
sales, the exposure of dance music, and the relationship between
dedicated clubbers and the music they love. "I have always had a
passion for dance music," says Henrichsen. "The genre is
becoming more and more popular, and this [Masterbeat] is
the way to give consumers the music they want when they
want it."