Magnatune is a small record label that aims at treating both its musicians and its customers fairly. It originally only sold music for download through its website magnatune.com http://magnatune.com , but added a print-CDs-on-demand service in late 2004. Magnatune was founded in spring 2003 by John Buckman , CEO of e-mail software company Lyris .

Magnatune makes non-exclusive agreements with artists, and gives them fifty percent of any proceeds from online sales or licensing [1] http://magnatune.com/info/musicians . These kind of policies are very unusual for a record label in 2003-2004. Users can stream and download music in mp3 form without charge before making a buying decision. All freely-available music is licensed under the Attribution-NonCommercial-ShareAlike license from the Creative Commons [2] http://magnatune.com/info/openmusic .

Even though using liberal licensing is not a new idea in itself, Magnatune is one of the first and most visible companies to try to build a business in music around this idea. It is not yet clear whether this model produces enough profits for Magnatune to run a healthy business.

Magnatune artists

• Cargo Cult - an electronic musician, whose album consists of beat-driven and ambient styles.
• Roots of Rebellion - a hard rock group

External links

• Magnatune.com http://magnatune.com/ is the official homepage of Magnatune.
• Buckman (founder/owner of Magnatune) 2004-02-01: Magnatune, an Open Music Experiment http://linuxjournal.com/article.php?sid=7220 . In Linux Journal, issue 118.