It’s becoming common in today’s world of web 2.0 to hear music online for free. Music fans are overjoyed with the ability to hear what they need, after they want. Some artists are delighted on the opportunity to be heard in many places, but other people worried about where this might placed their livelihood.
Something that appears pretty clear is always that fans have become used to, and can carry on and popularize places that permit you to pay attention to music online.
The RIAA can’t stop it, Major Labels can’t stop it. It appears that the very best option is to determine a different way to learn out of this type of thing.
A lot of startups that permit users hear music online have tried revenue models that involve advertising, mainly banner ads and audio ads that play between streams. This gave the look of a potentially good idea, however a number of these startups experienced trouble surviving by doing this.
It is because, as soon as they finish make payment on labels along with other required parties, there’s not much left to cover the invoices, or leave enough net profit being worthwhile.
Many of these startups have sold themselves with other bigger music startups and shifted, while others are already de-activate by regulatory parties like the RIAA.
And so the search to identify a means to cash in on letting users tune in to and learn audio online for free still continues. I know believe that there is potential for a process where value is exchanged between a fan with an artist, that does not have to involve the regulatory parties.
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