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William McKnight, 3M

Cambrian House began as a crowdsourcing community using a wisdom of crowds based approach to discover new business and technology ideas. These pages are being kept online as a technology demo to showcase Chaordix™.

Looking to harness the power of your crowd? Find out about Chaordix™ - technology that enables enterprises to get the most out of crowdsourcing.

itunes for new music bands

yoyo56
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  • Submitted by: yoyo56
  • Created: Aug 10, 2006, 1:24 pm
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Not freeish. Not freesque. It's free!

The Idea

the idea is to use the same business model than iTunes but for new music bands looking for proper revenu and potentialy record company. The concept will be based on a freeware that everybody can download in order to have access to a huge database of different songs and artists. You will be able to listen for free whatever and whenever you want, the songs that you're looking for. The bands will have a free access in order to upload all their songs which will be analyzed (like pandora) by the freeware in order to be properly classified. The listeners will vote for each song (per music type) and will purchase the song at the amount that they want (it's incredible to see how people gives money if they are confident about the way that the profit are shared with the band). The band will have an important share of the generated sales and they will get the opportunity to sign with a record company in order to become professional. This will be a kind of "equitable" trade between all parties.

I thought of this idea when I was...

when becoming crazy about the poor quality of music offer in general versus the incredible creativity of new innovative bands who will never have the opportunity to live properly with their music. I'm also thinking that such concept is the best way to efficiently share equitably revenus between all parties. The production cost are very low and the audience can be extremely important if the quality is there.


Comments Posted

Aidan
Aidan Posted: August 10, 2006, 6:09 pm

http://www.emusic.com

They are currently the second largest service on the 'net for mp3s (after iTunes).

 

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