Bridge Nine Records has announced the launch of its new premium subscription service. Members of the label's social networking community can now access Bridge Nine's entire catalog of more than 100 albums, have their own URL on the label website, make playlists and more for $4 per month or $30 per year.

Owner Chris Wrenn says, "The way people access music is continually changing. By launching this streaming player, we're trying to change with it and meet the needs of our bands' fans by not only making all of their music and releases more accessible, but to also give people an inexpensive way to show their support. On top of that, we've added bonus features on TheB9.com as gratitude for those who upgrade to the premium account with many more features to be announced soon, including Bridge Nine exclusives and limited edition items."

Bridge Nine was founded as a one-man operation in 1995 and has grown to a nine-person operation headquartered in Peabody, Massachusetts. TheB9.com launched in 2002 and has more than 80,000 members.

What do you think of this model? Would you subscribe? Should more labels follow Bridge Nine's lead?