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Conceptually simple, but the licensing agreements with the labels would kill you, not to mention the problems with divvying the money amongst the artists that y
by rianjs 16y ago
Conceptually simple, but the licensing agreements with the labels would kill you, not to mention the problems with divvying the money amongst the artists that you decide to "keep."
That brings me to another problem: you'd have to pay $25/month for this service. $5 for unlimited streaming (the Rhapsody way), $20 for 20 tracks at $1 each. Or you could do 5/15, or something like that, I guess.
It's a lot of risk for not-so-much reward, and as such is a bad investment proposition from where I'm sitting. If I were a VC, I probably wouldn't invest in such a company. It'd be much easier for an established player to make this happen. They have the infrastructure already built, the legal expertise to make it happen, and the connections in the industry already.