What a 21st Century Record Label Looks Like

I attended the WebInno event tonight over at the Royal Sonesta just across the river from Boston in Cambridge. Besides getting a chance to catch up with Andrew Bourland and Christopher Carleton, I got to see some interesting new web apps. I geeked out on RSS and OPML with Mike Kowalchik of Grazr, but that stretched my brain too far and now I have to process that for a day or two before talking about it.

The other main course was Calabash Music which was demoed by Brad Powell. They focus on World Music, and the interesting thing was that they have a mini player that bands can host on their own site which has both a playlist and integrated purchasing mechanism. You can listen to the tunes, and click to purchase the track. He mentioned that they already have a deal going with National Geographic (who hosts their podcasts with LibSyn). Very cool stuff, sort of a CD Baby without the CDs. Is this the record label of tomorrow?