Goodbye streaming
Posted: Tue Apr 07, 2009 7:34 pm
It looks like listening to music free is not working out for the streaming start-ups. They are going belly up. That business model does not work and is NOT generating sales.
The only site that streams that is making a darn bit of money is MySpace. It has to raise advertising money to cover the royalties it must pay to the labels. (.04 cents per tune)
The only site that streams that is making a darn bit of money is MySpace. It has to raise advertising money to cover the royalties it must pay to the labels. (.04 cents per tune)