The online music industry is at a key point. Apple's iTunes -- reportedly selling $500,000 worth of CD-burnable downloads PER WEEK since its inception, which includes only Apple computer users (about 3% of the potential market) has galvanized everyone from little Roxio to MSFT. Combined with the RIAA's aggressive move to shut down unlicensed file sharing services (primarly Kazaa right now), with something like 75 subpoenas being issued per day, and increased acceptance of the CD-burnable single-track download (or album download)for pay, by both artists and publishers, means a critical juncture in an emerging cash-cow industry.
|An SI Board Since July 2003|
There are too many players to name, including a lot of little guys currently running (but without a lot of financial, technological, and/or market clout) to some very big potential or slow starters such as Microsoft, AOL/Warner, Amazon.com and even Wal-Mart.
My initial focused interest is in little Roxio music (ROXI) which seems to have a nice package -- it bought the Napster name for $5 million, bought Pressplay from Sony/Vivendi, owns the most popular CD-creation and editing software in the world, and has ties to both Universal and Sony (with their very good collection of music labels and artists).
I have made three posts on the AAPL board, which I am going to simply cut and paste here to get the board started, if people are interested. I think there is a lot of money to be made.