Major label boosts Ogie’s online store | Inquirer Entertainment

Major label boosts Ogie’s online store

By: - Desk Editor
/ 07:07 PM March 26, 2012

OGIE Alcasid: Reason to be happy

Ogie Alcasid has one good reason to feel upbeat. His latest project, the online music store opm2go.com, has just gained the support of Universal Records—the major label where he is currently signed as a recording artist.

“Our lawyer is attending to the nitty-gritty … he has some issues with the terminology in the contract [with opm2go]. Hopefully we’ll be on board before its launching,” Universal Records boss Kathleen Go told the Inquirer by phone on Friday, clarifying an earlier statement by Alcasid that the label has not yet agreed to be part of opm2go.

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The online music store will be formally launched tomorrow at Eastwood City in Libis, Quezon City.

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Go said that Universal is supportive of other legal downloading sites like mymusicstore.com, which implies that it’s only natural for the label to back Alcasid’s venture.

Survival

HOMEPAGE of online music store opm2go.com screengrab from the website

“We’re also planning to release a tribute album and mount a concert to coincide with Ogie’s 27th anniversary as a singer,” Go added.

Asked how Universal managed to survive amid steadily declining CD sales, Go pointed out that “the label finds other means to offset costs. We retain the physical format in record stores and we gain sales from events such as concerts and mall shows that have corporate sponsors.”

Go admitted however, that digital downloading is the way to go for selling music.

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TAGS: Business, Entertainment, Music, Ogie Alcasid, opm2go, Sales, Universal Records

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