It’s becoming common in today’s world of web 2.0 to hear music online with free streaming. Music fans are overjoyed on the ability to hear what they really want, when they want. Some artists are delighted at the possibility to be heard in places, but others are worried about where this might place their livelihood.
Something that appears pretty clear is the fact fans are actually used to, and may continue to popularize places that let you listen to music online with free streaming.
The RIAA can’t stop it, Major Labels can’t stop it. It would appear that the top option would be to understand a different way to profit because of this kind of thing.
A lot of startups that let users tune in to music online have tried revenue mixers involve advertising, mainly banner ads and audio ads that play between streams. This gave the look of a potentially good option, however several of these startups experienced trouble surviving using this method.
For the reason that, after they finish paying of the labels and also other required parties, there isn’t much left to spend the debts, or leave enough net income to get worthwhile.
Some of these startups have sold themselves to other bigger music startups and shifted, while some happen to be turn off by regulatory parties such as the RIAA.
So the search to find a way to profit from letting users tune in to and discover songs online for free still continues. I personally feel that there is certainly prospect of a method where value is exchanged between a fan plus an artist, that doesn’t need to involve the regulatory parties.
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