BETA Records Partners with Digonex Technologies to Provide Dynamically Priced Music : Thu, 03 May 2007 : Music Industry Newswire™

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BETA Records Partners with Digonex Technologies to Provide Dynamically Priced Music

by Jesse JJ Jame
published Thu, 03 May 2007 – 23:57:12 +0000 UTCNo Comment

LOS ANGELES, Calif. — Georg van Handel (CEO) and Chris Honetschlaeger (President) with BETA Records, LLC, announced today that they will partner with Digonex Technologies, Inc. to provide dynamically priced music downloads for their listeners. Digonex’s proprietary pricing service, the Digital Online Exchange (DOE), will determine the price of each individual track based on consumer demand and other economic factors within BETA’s upcoming social music community.

For BETA artists, it optimizes their revenue on their music uploads to the site. DOE allows the fans to have their musical tastes and preferences play a pivotal role in the price of each track in BETA’s growing MP3-based catalog of independent music from around the world.

BETA Records will utilize DOE to enhance a highly immersive and engaging music experience that creates close connections between unsigned artists and indie music fans on the new site slated for release later this year. Independent artists can easily upload their music and get exposed to a world-wide audience.

“We selected Digonex after careful evaluation and feel strongly that they have exactly the right technology to power the pricing model of our upcoming social music community,” said Chris Harper, CXO (Chief Experience Officer) with BETA Records, LLC.

“We are excited to power BETA Records’ dynamic pricing service and believe that the new site will appeal to a wide range of music fans,” said Rex Fisher, VP of Business Development with Digonex Technologies, Inc.

About BETA Records
BETA Records leverages online techniques, combined with valuable label resources, to discover independent artists and expose them in an upcoming robust social music community of listeners. With localized versions of the site in multiple countries, artists can truly get exposed to a world-wide audience, and fans can have fun listening with their friends and making new ones. For more information, visit www.betarecords.com.

About Digonex Technologies, Inc.
Digonex Technologies focuses primarily on development of automated & optimized pricing platforms for ecommerce, allowing client companies to increase customer retention and maximize revenue. For more information, visit Digonex Technologies’ website @ www.digonex.com.

[tags]Digonex Technologies, BETA Records LLC, Digital Online Exchange, dynamically priced music downloads[/tags]

About The Author / Editor:

JJ Jame is a percussionist and home-brew theremin player, formerly a member of the Redondo Beach based BoyRacer.com electronica band, and a long-time electronic music fan, as well as formerly an editor for the defunct EMcult website that Christopher Simmons launched in 1997 but soon abandoned (in many ways this site, MIN, is the stepchild of that project). JJ wants high-speed rail to criss-cross California sooner than later, and is madly in love with local Fox 11 TV personality Lauren Sanchez.