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Old 03-18-2011, 05:39 PM
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Join Date: Dec 2009
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Smile Making money from music after Napster

The New York Times published Investors Are Drawn Anew to Digital Music on February 28, 2011, writing in part:
Since it emerged in the 1990s, digital music has been hugely popular with fans, but for online music companies and their investors it has almost never been profitable. And yet the [investment] money has again started pouring in... Even Apple, the largest music retailer, has long maintained that it makes little profit from its iTunes store, which has sold more than 10 billion songs since 2003... [But] since the end of last year, at least $57 million in venture capital has gone to digital music start-ups...
And I explore another way for musicians to make money in the post-Napster age, encouraging them to migrate closer to the advertising business, at Not Queen of the desert - Queen of the Nile!
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