Artists to Receive 95% on the Sale of Their Music
via COMTEX
Feb 11, 2004 6:01:00 AM
PHOENIX, AZ (Market Wire) - ItsFun.com, Inc., a subsidiary of Advanced Solutions and Technologies, Inc. (OTC: ADVK) makes bold move in music sales. ItsFun.com ( www.itsfun.com) allows the artist to retain 95% of the proceeds on each and every sale. Other music sales organizations do not even come close. Not Apple, not Napster.
"The industry is going through a complete change first in the mind set of the artist and then the way people consume music. Therefore we're viewing this project thru two sets of eyes, that of the artist and that of the consumers. We will not dictate the price an artist charges for their work. If you want to sell the consumer what the consumer buys, then you must see the consumer thru the consumer eyes," said Leslieann Norem, spokesperson for ItsFun.com.
Free early registration raise to first 2,500. They have expanded the offer now to the first 2,500 inquiries from an initial 500. Artists, bands, songwriters, producers, publishers and labels who get in under the wire will be allowed to register without the usual $29.95 setup fees.
In one location hundreds of thousands of independent artists will showcase their talents and music with accompanying promotional materials such as pictures, bios and performance schedules online, which gives them the ability to generate income far beyond their wildest dreams. ItsFun.com anticipates the single biggest consumer shift in a generation.
By 2008, one third of music sales in the United States and nearly 20 percent in Europe will come in the form of downloads and streaming music over the Internet, building a multi-billion dollar business, according to a new study by consultancy Forrester Research. Josh Bernoff, a Forrester Research analyst said, "the U.S. market alone for downloads and subscriptions to online music stores will top $300 million this year from a virtual standing start a year ago."
Forward-looking Statements in this release are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the company's products, increased levels of competition for the company, new products and technological changes, the company's dependence upon third-party suppliers, intellectual property rights, and other risks.
Contact: J.R. Williams 602-579-3003 Email: Info@ItsFun.com Website: www.ItsFun.com
Copyright (c) 2004 Market Wire
Closed today @.03
Was up to .08 on 2/4/04 due to PR on deployment date of website.
Low volume 105,200 avg for 1.12M O/S
Market cap 33,450
The website sounds like it'll fly and they have plans to expand into travel and entertainment booking and sales.
Hope This helps...
Good luck to all and....
Always let the Wookie win