MINIRECORD CORP.
MINIRECORD’s business revolves around the production and distribution of a revolutionary album called the “Platform album”, which was launched in January 2022. As of 2022, the revenue generated from platform albums reached about 4 million dollars, and it is estimated to surge to approximately 13 million dollars in 2023, indicating a growth of more than threefold compared to the previous year.A platform album is an innovative approach to album production where a QR code is printed on a paper card instead of the traditional tape, vinyl, or CD. Album buyers can activate it by scanning the QR code with the Minirecord app and enjoy its content (Music, Music videos, Artist photos) using a mobile device with the Minirecord app. Platform albums are gaining attention as an innovative replacement for CD-based albums due to their cost-efficient manufacturing process and their positive impact on environmental concerns associated with disc disposal.