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Music for Nothing and the Fans for Free - Hany Nada - Voices. Consumers won’t pay for recorded music in the future — but fans will pay for music experiences.

Music for Nothing and the Fans for Free - Hany Nada - Voices

When the dust finally settles between the artists, labels, and distribution companies, everyone will finally realize fans are more valuable than recorded music. As traditional monetization models for recorded music sales slowly fade away, new monetization methods centered on the fan will emerge. How do we know music will become free? The stats point to this trajectory. Total revenues for CDs, vinyl, cassettes, and digital downloads worldwide dropped 25 percent from $38.6 billion in 1999 to $27.5 billion in 2008, according to the International Federation of the Phonographic Industry (IFPI). As the stats show, sales of recorded music are headed one way — down. Source: CNN, Forrester Already, there is a deluge of great (and legal!) So how will labels offset the decline in recorded music revenue? Here are some of the ways the music industry will make money going forward. Exclusive Interview: BandPage CEO James "J" Sider.

How Music Affects the Brain and How You Can Use It to Your Advantage. After F8, a Dot-Com Boom Scaled Party. (Reuters) – When somebody who has been played by Justin Timberlake in a Hollywood movie decides to throw a party, the expectations are pretty high.

After F8, a Dot-Com Boom Scaled Party

And Sean Parker, the man behind free music-sharing service Napster and an early Facebook advisor, clearly likes to give people what they want. Parker, who is an investor in the music service Spotify, pulled out all the stops in a post-Facebook developers conference party on Thursday that was a cross between a backstage concert pass and Trimalchio’s feast. The party was reminiscent of the dot-com boom in the late 1990s, when extravagant blowouts thrown by well-funded startups were practically a weekly event. A decade later, Web company valuations are on the rise again, led by companies like Facebook, Groupon and Zynga, and talk of another tech bubble is in the air again.

This time, the broader economy is sputtering and unemployment is stuck at 9.1 percent. But this was no ordinary press conference. It’s been an eventful week for Parker. Facebook Music to Launch Thursday, Companies Race to Unveil Free Streaming Services. Just when iTunes had taught (some of) the world to pay for music with restricted playback rights, Facebook had to go and ruin it.

Facebook Music to Launch Thursday, Companies Race to Unveil Free Streaming Services

Tomorrow, at its f8 developer conference, the social network is expected to reveal details about Facebook Music. In anticipation, music streaming services like MOG and Rdio have announced or launched free versions of their previously subscription-based services. Then came the waterfall: Radical.fm this summer launched its free public beta service; this week the company announced Facebook integration. Today mobile content provider Myxer announced a free, ad-supported service. And then Kazaa (remember Kazaa?) Pandora's Tim Westergren: We're Right Where We Want To Be. New Online Services Offer Hope to Music Fans. Pandora IPO Surges 17%, VC Stakes Worth $2 Bln. Top Apps – iPhone music discovery apps. With the right apps, discovering new music using just your iPhone can be a piece of cake Nowadays it’s super easy find out what is the song playing on the radio, get countless music suggestions and discover where will your favorite bands and singers are playing.

Top Apps – iPhone music discovery apps

Some of the iPhone music apps presented last week, can also help you discover new music, but the ones below are specialized just on this task. Apps to discover music on the iPhone Shazam – it’s a magic app that helps you discover what song is playing with a single touch. This is one of my favorite apps ever and first of it’s kind. You can also use the app to see what are the most popular songs right now.

Tip: make sure you are close to the speakers if you are in a place where is a lot of background noise. SoundHound – similar to Shazam plus it can recognize the a song if you hum it. A Venture Firm’s Gift To Pandora - Venture Capital Dispatch. Pandora’s IPO Filing – By The Numbers - Venture Capital Dispatch. Music Mastermind makes a $3.1 million round. Digital Music Start-Ups Hit A Low Note - Venture Capital Dispatch. Music service Rdio raises $17.5 million. RootMusic Scores $2.3M to Boost Staff, Change Music Industry.

You don’t have to like music to work at RootMusic.

RootMusic Scores $2.3M to Boost Staff, Change Music Industry

But it doesn’t hurt. The San Francisco-based company—which developed the BandPage Facebook application for musicians—announced today that it raised a $2.3 million Series A round led by Mohr Davidow Ventures. Founder and CEO J Sider told me yesterday the funding will be used to “hire engineers and innovate through new technology and new offerings.” He declined to discuss specifics about where the company would innovate, although I would hazard a guess that it would involve a mobile offering. He said I’d have to wait and see, but don’t expect RootMusic to expand with additional Facebook apps for other entertainment industries. RootMusic, which Sider bootstrapped and was founded in October 2009, currently has 10 employees and Sider says that music is always playing in the company’s offices, located in the SoMa area of the city.

Music Sharing Service SoundCloud Raises $10 Million From Index, Union Square. RootMusic. RootMusic Nets $2.3 Million in Funding to Hire Engineers for Facebook App BandPage. RootMusic, developers of the BandPage Facebook Page tab application for musicians, today announced that it has secured $2.3 million in funding from Mohr Davidow Ventures with David Feinleib.

RootMusic Nets $2.3 Million in Funding to Hire Engineers for Facebook App BandPage

The company’s founder J Sider says the money will go towards “hiring engineers, expanding the team, because were always looking to innovate through technology.” As our profile of RootMusic’s BandPage shows, the company provides cheap and powerful tools for helping artists promote their music on Facebook. Since August, BandPage has exploded in popularity, jumping from 3.15 million MAU and 20,000 artists to 12.7 million MAU and 60,000 artists today according to AppData. While Sider declined specifics, he said well over 5% of these musicians have converted into BandPage Plus customers who pay $1.99 a month for more customization options, besting the traditional freemium model goal.

RootMusic raises $2.3M to help bands. RootMusic - BandPages on Facebook!