Overview Watching movies, reading reviews and downloading movies on the Internet are fast becoming a craze in the US and other developed countries. The recent years have seen a consistent surge in downloading movies and buying of DVDs over the Internet. According to NPD there has been a 39% increase in subscription rentals of TV
M&A and VC activity In May 2007, CBS Corp. acquired Last.fm, a UK-based music community site that allows fans with similar tastes to connect, for $280 Million, in a bid to attract young audiences. Napster acquired AOL Music’s subscription service for $15 million in cash in January 2007. The acquisition gave Napster 350,000 subscribers of
Web 3.0 formula discussion (4C, P, VS) Here, we will take a look at the Web 3.0 aspects of online music sites. Context Within the broad Context of Music, users may come to music portals with a varied set of intents. From shopping for new music, to expanding the collection of a favorite musician’s work,
Business Model Music sites primarily earn revenues from subscriptions, music downloads, advertisements and the different products sold through its sites. Most music sites are allowing downloads at approximately 99 cents per song and analysts say it is not enough to cover the costs. Currently most of the music sites are losing money. Napster (NAPS) and
Overview Online music has come a long way from the Napster years. Today there are many more legal sources of digital music and these have been growing over the past few years. Many consumers are willing to pay for music downloads and this has resulted in the emergence of Apple’s ITunes Music Store. But the