It’s becoming quite typical today of web 2.0 to listen to music online for free. Music fans are overjoyed with the ability to hear what they need, once they want. Some artists are delighted with the opportunity to be heard in additional places, but others are concerned with where this may place their livelihood.
A very important factor that appears pretty clear would be the fact fans have become familiar with, and will still popularize places that enable you to hear music online with free streaming.
The RIAA can’t stop it, Major Labels can’t stop it. It appears that the top option is to determine the latest way to make money from this form of thing.
Plenty of startups that permit users tune in to music online with free streaming have tried revenue mixers involve advertising, mainly banner advertising and audio ads that play between streams. This seemed like a potentially good idea, however many of these startups experienced trouble surviving in this way.
This is because, when they finish paying the labels and other required parties, there isn’t much left to spend the debts, or leave enough net gain to become worthwhile.
Some startups have sold themselves along with other bigger music startups and moved on, while some have already been turn off by regulatory parties including the RIAA.
So the search to find a way to make money from letting users pay attention to and find out songs online for free still continues. I know think that there’s prospect of a method where value is exchanged from your fan plus an artist, that doesn’t need to involve the regulatory parties.
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