It’s becoming quite normal in today’s world of web 2.0 to be handled by music online with free streaming. Music fans are overjoyed on the hearing what they really want, once they want. Some artists are delighted on the possiblity to be heard in more places, but others are concerned about where this can take their livelihood.
Something that appears pretty clear is the fact that fans are now accustomed to, and may carry on and popularize places that allow you to pay attention to music online.
The RIAA can’t stop it, Major Labels can’t stop it. It seems that the top option is to figure out a new way to make money because of this kind of thing.
Lots of startups that let users listen to music online have tried revenue models that involve advertising, mainly banner ads and audio ads that play between streams. This looked like a potentially wise decision, however many of these startups have experienced trouble surviving this way.
For the reason that, when they finish paying of the labels along with other required parties, there is not much left to spend the invoices, or leave enough net income to be worthwhile.
Some of these startups have sold themselves to other bigger music startups and progressed, although some have already been turn off by regulatory parties like the RIAA.
So the search to discover a means to cash in on letting users pay attention to and discover songs online still continues. I know think that there is possibility of a system where value is exchanged between a fan and an artist, that doesn’t ought to involve the regulatory parties.
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