MUMBAI: MOD Systems, Inc has finalized new agreements with major music labels Universal Music Group, Sony Music Entertainment, Warner Music Group and EMI Music, along with several aggregators of independent label content, that extend a catalog of DRM-free MP3 tracks and albums to retail stores for digital distribution.
These new agreements enable MOD Systems to offer retailers a catalog of more than 5.2 million music tracks. DRM-free MP3s provide consumers with unlimited play and transfer privileges across all their favorite devices. MOD Systems’ agreements enable brick and mortar retailers to offer digital albums and tracks directly to consumers for download to devices (including mobile phones), Secure Digital (SD) memory cards and USB storage devices through MOD Systems’ Retail Enterprise System.
"MOD Systems provides retailers with a channel for delivering digital music and video directly to consumers on the high traffic retail floor. This enables consumers to purchase digital tracks and albums where they might be buying their MP3 player or new cell phone, and allows stores to carry an expanded catalog of content that might not otherwise be in stock due to shrinking shelf space. With digital delivery via traditional retailers, every player in the distribution chain stands to gain – the label, the retailer and the customer," said Parks Associates vice president and principal analyst Kurt Schef.
MOD Systems’ growing digital entertainment catalog also includes 4,000 movie titles from major Hollywood and independent studios. The company will enable retailers to deliver digital entertainment to consumers through interactive self-serve or concierge-assisted kiosks for downloading music and movies to portable devices, USB storage, and SD cards.
"While digital music has been making its way to the consumer via two popular channels – web and mobile – the market has not yet taken advantage of digital delivery in retail. With our system, retailers and ‘out of home’ locations of all types and sizes can offer a vast virtual inventory of digital albums or tracks," said MOD Systems chairman and CEO Anthony Bay.