Amie Street
I recently read about a new online independent music store called Amie Street. The site and it's business model both look extremely promising.
The basic premise is this, artists upload their songs which can be downloaded for free in the beginning but then the price of those songs fluctuates based on demand. The maximum price a song will ever have is set at 98 cents. Users of the site receive recommendation tokens for every dollar they put into the system and then free credits for music if the songs they recommend to other users go up in price. Best of all, the music is completely DRM-free and can be played on any mp3 player. In regards to the artists, they receive an astounding 70% of sales after an initial $5 is made.
Since the site's main goal is to encourage music lovers like ourselves to discover new music and then recommend that music to our friends, I say head over to the site and get busy! I've enjoyed perusing the site so far and will report back with my recommendations as I make them.
Thanks for the awesome post man!
Posted by: Elias | March 20, 2007 at 02:46 AM
My pleasure! Best of luck with the site!
Posted by: Grant | March 20, 2007 at 03:03 AM