It’s becoming very common these days of web 2.0 to be controlled by music online for free. Music fans are overjoyed in the hearing what they want, when they want. Some artists are delighted with the possiblity to be heard in many places, but others are interested in where this can place their livelihood.
Another thing that appears pretty clear is the fact fans have become used to, and will always popularize locations that let you pay attention to music online with free streaming.
The RIAA can’t stop it, Major Labels can’t stop it. Apparently the most effective option is to understand a different way to make money using this kind of thing.
A lot of startups that allow users pay attention to music online for free have tried revenue mixers involve advertising, mainly banner advertising and audio ads that play between streams. This appeared like a potentially good option, however a number of these startups have had trouble surviving using this method.
For the reason that, once they finish make payment on labels and other required parties, there isn’t much left to pay the invoices, or leave enough net gain to become worthwhile.
A few of these startups have sold themselves to other bigger music startups and shifted, and some happen to be power down by regulatory parties such as the RIAA.
And so the search to identify a way to make money from letting users listen to and discover audio online still continues. Personally, i believe that there is possibility of a method where value is exchanged from the fan as well as an artist, it doesn’t have to involve the regulatory parties.
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