Starbucks will be launching their own Record Label

Starbucks will be launching their own Record Label

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[Best Syndication] The Starbucks coffeehouse chain is expanding its market and possibly safeguarding their corporate stronghold by launching their own music label.

Starbucks has been dabbling in the entertainment world and are not completely new to the music world. They have already released albums under the Hear Music brand by arranging licensing agreements with songs from other companies.

Starbucks will be signing both well-known and new artists to their label. At this time there have been no artists names confirmed. The announcements for the label artists will likely be made at the official launch date in the next few weeks.

Wirefly (InPhonic)

To make Starbucks coffeehouses tie into the entertainment world, they have opened four hybrid Hear Music Coffehouses. These test locations have music for sale where customers can burn their own CD’s. You can also visit Apple’s online iTunes and see a special Starbucks page for their music.

You can visit their music online at They also have a Hear Music Channel 75 on XM radio. Hear Music online store also has movies and books available on their website to purchase. Starbucks also produced the movie “Akeelah and the Bee.”

Concord Music Group will be partnering with Hear Music. They expect that there will be a lot of interest in artists signing with Starbucks because of the 13,000 stores and the potential of 44 million customers hearing their music and by adding the kiosks in the coffeehouses they may promote buying music.

Starbucks SBUX (Nasdaq) closed on March 13th at $29.36 per share.

Starbucks talks about how they purchase their coffee and prices that they pay for this commodity

By Best Syndication Staff



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