Coffee overlords Starbucks just launched a record label based on its existing Hear Music brand.
For the venture, the java retailer is partnering with Concord Music Group, which controls several other labels and helped Starbucks sell the Grammy-winning "Genius Loves Company," an album of Ray Charles duets. Hear Music label will sign its own artists and sell records through Starbucks stores and other retailers.
"We're not setting this up so that Starbucks stores would have any advantage over other retailers," said Ken Lombard, president of Starbucks Entertainment.
No, of course not. Why would a major business conglomerate try to get an advantage over the competition? That would be just plain capitalist of them! And that, my friend, is not acceptable here in…oh wait…
Newsday.com: Starbucks launches record label