Third Man Records Launches “The Vault”

Jack White’s Third Man Records; which is home to The White Stripes, Raconteurs and The Dead Weather, is trying out a new business model for a new music business age:

Entry-level subscribers to The Vault pay $7 a month and get exclusive streams, concerts, articles and photos, as well as presale tickets, chat rooms and other content. Upgrading to platinum status, which costs $20 a month, lands fans subscription-only records, 7-inches and shirts on a quarterly basis. [read more]