It’s becoming common nowadays of web 2.0 to be controlled by music online for free. Music fans are overjoyed with the ability to hear what they really want, after they want. Some artists are delighted at the possibility to be heard in places, but other people are concerned about where this could put their livelihood.
Another thing that seems pretty clear is the fact that fans are now used to, and definately will still popularize locations that permit you to pay attention to music online.
The RIAA can’t stop it, Major Labels can’t stop it. It seems that the most effective option would be to figure out a new way to help using this kind of thing.
A great deal of startups that permit users pay attention to music online have tried revenue models that involve advertising, mainly banner ads and audio ads that play between streams. This seemed like a potentially wise decision, however several of these startups experienced trouble surviving by doing this.
It is because, once they finish making payment on the labels as well as other required parties, there isn’t much left to cover the bank notes, or leave enough net profit to become worthwhile.
Some of these startups have sold themselves to other bigger music startups and shifted, and some are already de-activate by regulatory parties including the RIAA.
Therefore the search to identify a means to profit from letting users hear and learn new music online still continues. Personally, i feel that there exists possibility of a process where value is exchanged from your fan with an artist, which doesn’t ought to involve the regulatory parties.
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