03-27-2007, 08:20 AM
Quote:While well-established artists with sales to lose from music piracy often regard online media-sharing companies as a mixed blessing, independent artists have embraced such young startups and their ability to launch bands from obscurity into stardom. (A story often retold by would-be rock stars is that Las Vegas' Panic! At the Disco got signed after sending around a link to its PureVolume site.)
Music and Web Peers
The startups have, in turn, embraced the young artists, developing increasingly better tools and deals to encourage indie bands to post content on their sites. It's not hard to see why these groups have a kinship. Like the indie bands they're promoting, the founders of the raft of online music sites are often young entrepreneurs themselves who are also struggling to get noticed in a world dominated by MySpace and Google's (GOOG) YouTube. The founders of many of the most buzzed-about sites are age 30 and under (see BusinessWeek.com, 3/26/07, "Building a Super Cell Phone")...
full article: http://businessweek.com/technology/conte...repreneurs