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Starbucks Records

03/13/07
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(Reuters) Starbucks Corp. said on Monday it has formed its own record label, Hear Music, to develop records for sale both in its coffee shops and through traditional music retailers.

The New York Post and the Associated Press reported on Monday that Starbucks was close to signing former Beatle Sir Paul McCartney. Lombard declined to discuss any specific artists the company is working with.

"It'll be interesting when they realize it ain't easy putting out records," said another senior record company executive, who asked not to be named. "Are they really taking a chance? On who? Paul McCartney?"[see full story for more] - Click here for the Full Story

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