Peter Gabriel is launching a new streaming music service with the help of his new production studio and is hoping to sell more than half a million albums a day.
The British producer and DJ will also open up his own labels to the music industry, including a new studio in London and a brand new publishing house, the Guardian reports.
Gabriel’s new streaming service, Peter Gabriel’s Music For Artists, will debut on Monday, May 14, the same day that the world is celebrating International Day Against Racism and Exploitation, which will mark the 25th anniversary of the murder of Michael Brown, an unarmed African American, by a white police officer.
The site, which has been in the works for more than a year, will offer hundreds of thousands of streaming songs, and a selection of artists.
The new service will be made possible by an investment by Gabes Music Group, which includes Paul Simon, Bob Dylan, Ravi Shankar and Bob Dylan.
The group also owns music labels such as Simon Property, a music-industry leader, and Rhino Entertainment.
“We are now at the point where we can create an industry that is as much a product as it is a service,” Gabriel told the Guardian.
“The way music is made now, the way people interact with it, the whole ecosystem is all digital.
In recent years, Gabriel has been involved in the creation of a number of successful streaming services, including Pandora and Spotify. “
So if we can start to monetise that, create a platform that can be sold like a TV or movie, that can have a value that’s far greater than what we make today, I think that’s going to help create a more positive and inclusive industry.”
In recent years, Gabriel has been involved in the creation of a number of successful streaming services, including Pandora and Spotify.
“It’s really exciting for me to be part of something that I feel so passionate about and to be able to build on this passion and do something that people can actually pay for,” Gabriel said.
“I think the idea is going to really go through the roof with it.”
Listen to Gabriel’s music on Spotify, Pandora, Spotify Premium and Tidal