Amie Street Debuts Radical New Music Platform for Independent Artists and Fans.Company Shakes Up the Music Industry with First Community-Driven Pricing, Promotion and Discovery Model PROVIDENCE Providence, city (1990 pop. 160,728), state capital and seat of Providence co., NE R.I., a port at the head of Providence Bay; founded by Roger Williams 1636, inc. as a city 1832. , R.I. -- Amie Street Amie Street is an indie online music store and social network service created in 2006 by Brown University seniors Elliott Breece, Elias Roman, and Joshua Boltuch, in Providence, Rhode Island. They have since graduated and moved the company to Long Island City in Queens, New York. (www.amiestreet.com), a new online music community that's changing the way people discover and buy independent music, today launched the beta version A pre-shipping release of hardware or software that has gone through alpha test. A beta version of software is supposed to be very close to the final product, but, in practice, it is more a way of getting users to test the software in the first place under real conditions. of its fast-growing music community website that brings together undiscovered artists and prospective fans. Founded last spring by three Brown University seniors, Amie Street is the first site that lets the members of the community set the price of songs, which start out free and rise in price based on sales. Amie Street also rewards its members with purchase credits when they recognize and recommend music tracks that rise in price. As more people are looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. alternative ways to purchase music online, Amie Street (pronounced like the name "Amy") has come up with a novel solution that combines the best elements of social networking See social networking site. social networking - social network , online music retail and discovery engines. "We designed Amie Street to help independent and emerging artists promote and sell their music in a unique, fan-driven social environment," said Elliott Breece, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Amie Street. "We hope musical artists of all types will find our site to be a refreshing platform that makes it easy for fans to discover and purchase their music." Amie Street's business model gives users an incentive to find and recommend good music, while allowing bands to promote and sell their music for free. The company's dynamic pricing model brings value to unidentified music by using a pricing formula that is dynamic and community responsive. Artists keep 70 percent of proceeds after the first $5 in sales, which cover Amie Street's maintenance costs (if they never reach $5, no fee is charged). The company will also generate revenue through corporate sponsorships on the website, concerts and other events. Amie Street has already attracted several thousand members and collected thousands of tracks by reaching out to quality independent artists to help launch the site. Amie Street's demand-driven pricing model encourages members to discover and buy independent music because the community sets the price of every song. The company's recommendation (REC) system provides an effortless ef·fort·less adj. Calling for, requiring, or showing little or no effort. See Synonyms at easy. ef  fort·less·ly adv. promotional tool for artists, and a great deal for music fans who can discover new music that they never would have found otherwise. For more detailed information about Amie Street and its unique pricing model, as well as artist testimonials visit: http://amie.st/page/for-press. About Amie Street Launched on July 4th by three Brown University seniors, Elliott Breece, Josh JOSH Joshua JOSH Job Scheduling Hierarchically Boltuch and Elias Roman, Amie Street is the first online music community designed to discover and promote independent artists. Amie Street helps increase exposure and revenue for new artists through an innovative, demand-driven pricing model based on recommendations by, and rewards for, members who endorse To sign a paper or document, thereby making it possible for the rights represented therein to pass to another individual. Also spelled indorse. endorse (indorse) v. their favorite music on the site. For more information visit http://www.amiestreet.com. |
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