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Indie labels offered back-up plan after Pinnacle problems.
The downfall of Pinnacle has prompted a reshuffle in the digital distribution sector, with Consolidated Independent launching a new archive to provide labels with a back-up for their digital assets.
CI provides clients with independent access to digital music. Co- founder and director Paul Hitchman says the collapse of Pinnacle, which represented something like 280 labels for digital distribution, led to a lot of confusion about who actually owned the digital assets.
A number of labels are still sorting out their digital futures but because Pinnacle did front-end deals with labels and retailers it meant that Pinnacle - and not the label releasing a track - would have a contract with retailers such as iTunes.
This led to many tracks under Pinnacle's contracts being taken down from sites and then being put up again under the label name. "It wasn't entirely clear who owned the digital assets and how labels could get hold of them," says Hitchman, who adds that Pinnacle was a former client of his ...
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- Press release article from: PR Newswire March 24, 2003 700+ words
...software that maximizes the value of digital assets and services, today announced the...necessary to effectively secure and sell digital assets and services. The new Suite enables...needs of companies offering valuable digital assets and services to customers, partners...
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...Take a complete inventory of all digital assets and their locations. Check to see...round of precautions. If you store digital assets with an off-site company, check...someone capturing or destroying all digital assets-in a matter of minutes-is all too...
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...managing, safeguarding, and distributing digital assets. The initiative is designed to address...managing, distributing, and monetizing digital assets across multiple channels and platforms...as the focal point for ensuring that digital assets may be securely and readily redeployed...
- Conde Nast Consolidates Digital Assets to Form Digital Unit.
- Press release article from: Business Wire January 26, 2009 700+ words
...Conde Nast is consolidating all of its digital assets into a single unit called Conde Nast...growing revenue across the company's digital assets as well as aiding print ad sales through...efficient way to work with Conde's digital assets through a dedicated sales team. Corporate...
- Building a dam to last: archiving digital assets.
- Magazine article from: EContent Zeichick, Alan May 1, 2003 700+ words
...challenge of what to do with those digital assets. In some cases, they're scattered...magnified when you're talking about digital assets. The time and cost it takes to produce...step is to determine exactly what your digital assets are, what they're likely to be in...
