The virtual-based Multiverse Records, in an effort to expand its growth and innovation, is becoming part of a new music division of Slackstreet Entertainment and will be re-introduced as Slackstreet Music, spanning not only the virtual space of performances and promotion and sales, but also to crossover into the physical space and evolve into a real-world music entity that hopes to redefine the structure of the record label and services industry to put more power and ownership into the hands of the artists and bands.