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Business News (more headlines) 04-28-2014

MondoTunes Digital Music Distribution Announces 200% Growth In 2013

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Email: info@mondotunes.com
Website: http://www.mondotunes.com
FOR IMMEDIATE RELEASE:

Huntington Beach, CA - MondoTunes digital music distribution announced more than 200% growth for the 2013 year. Attributing their success to a vastly increased customer base and consistently loyal clientele, MondoTunes held an online Q&A to discuss what this meant for customers and to thank the MondoTunes artists, who they repeatedly insisted were “the obvious reason for our success.”

MondoTunes executive Javan Mershad responded directly to questions which demanded clarification on advertised claims. An early question runs, “You've said that Mondo is the 'only independent distributor that provides independent artists with major-label resources.' Can you expand on what major-label resources Mondo provides?”

Mershad replied, “Great question. What’s unique about our company is that we have team members with both independent and major-label experience/resources.

For example, by way of our professional relationships, we provide the largest digital distribution channel in the world by reaching hundreds of retailers in over 100 countries. We essentially provide independent artists the same digital distribution channel used by Lady Gaga, Pharrell Williams, One Republic, U2 and a handful of other megastars.”

MondoTunes also said they have paid “millions of US dollars in royalties to their artists.”

“We’ve had tremendous spikes in artists' royalties every single month since our launch in 2012,” said Mershad. “Some are of course projects released by well-established artists … but what’s truly exciting is that the larger percentage of royalties were earned by independent artists across the world. This is an incredible achievement by independent artists who continue to maximize opportunities in the digital realm.”

One of the session's most remarked-about moments came when Mershad was asked about the company's slogan. “MondoTunes is fond of saying 'By Musicians For Musicians.' How true is that claim?”

Mershad replied, “100%. You know, our team was just recently talking about this. You’re starting to see this slogan (for a lack of a better phrase) used more frequently by others. Ironically, it was never meant to be a marketing or selling ploy for us. It’s who we were then and it's who we are today. It’s our staple, trademark and principle.

“I suppose a funny analogy we relate to would be the 'Hair Club for Men' commercials. I think it was something like, 'I’m not just the president of the Hair Club -- I'm also a client?' That's us.”

The entire Q&A session can be read in detail on the official MondoTunes blog (http://www.mondotunes.com/Blog). Mershad also extended an open and standing invitation for further questions, which he promised would be addressed directly and in short order. Send questions or comments to info@mondotunes.com.

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