Magnatune, the online record label that has been pioneering open business practices for years, has now launched a subscription service. Read the announcement for lots of interesting information about the service and the business.

In other Magnatune news, there’s now a Magnatune plugin for Songbird, a nice addition to those for Amarok and Rhythmbox. It’s also worth mentioning that ccMixter maestro Victor Stone AKA Four Stones has a new album of ccMixter remixes out on Magntune: Chronic Dreams 2.