Tuned Global, a business-to-business music tech company has been recruited by music service provider Rehegoo Music Group to launch 'Music for Spaces,' a new background music service designed especially for businesses.
The new service is being offered exclusively as an annual subscription and can be used by a wide range of businesses such as gyms, retail stores, spas, supermarkets, and more. So far, the company has already signed licensing agreements with unsigned artists from 50 different countries. Because of this, the company believes Music for Spaces will also work to "support the next generation of talent in getting their music heard."
The launch of the new business-focused streaming service will align with the release of Rehegoo Music Group's ‘Music for Content' e-commerce platform, which offers content creators access to an expansive library of high-quality music.
Background Music Streaming Services
Rehegoo Music Taps Tuned Global to Launch 'Music for Spaces'
Trend Themes
1. Business Background Music - The trend of providing background music services to businesses has the potential to disrupt the traditional music streaming industry by offering specialized and exclusive deals.
2. B2B Music Services - The trend of music service providers partnering with B2B music tech companies creates disruptive innovation opportunities in the corporate music industry.
3. Global Unsigned Artist Licensing - The trend of licensing unsigned artists from various countries creates a potential disruptive innovation opportunity for music service providers to expand their libraries and offer unique offerings to businesses.
Industry Implications
1. Music Streaming - The music streaming industry can potentially benefit from the trend of business background music services by capitalizing on B2B partnerships and offering specialized deals.
2. B2B Music Tech - The B2B music tech industry can capitalize on the trend of partnering with music service providers to offer innovative and specialized services to businesses.
3. Retail Industry - The retail industry has the potential to benefit from the trend of business background music services by creating unique and immersive in-store experiences for customers.