Crowd Casting evolves Radio Services to Communities

TechCrunch is reporting about a new radio trend, the use of crowd casting applications enabling listeners to suggest and vote for songs to be played on air. This is not really new, but in the social networking era it got a new quality and interactivity today has become a success factor and as tv goes social by smart tv so does radio.

To realize such votings and suggestions a small group of specialized software providers arised. Regarding the success it is reported that a small local station by integrating such features has become the favorite station in its region. To get further information read the article Radio Freaks Out: First Cox Media-Owned Radio Station Turns Over Control To Listeners 24/7 On Web And Mobile.

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Innovative Markets on Digital Music and DJing

At this post here come two innovative services, which both are online music marketplaces. Both are innovative and dedicated to digital media, but do serve different needs.

The first one is ReDigi, a marketplace to buy and sell used aka unwanted digital music. The service itself argues with possible shortage of storage and by this it comes along with a cloud hosting feature to let people use the service as media center to store their stuff. The stuff traded on the platform are digital music files locked with some kind of digital rights management system. To do so ReDigi provides a system to inform which music aka music files are eligible to be traded. Furthermore the system includes a bonus system e.g. rewarding purchases done at iTunes via the ReDigi system. To get further information read the about page and visit ReDigi.

Completely different clients are served by PulseLocker. It is a marketplace dedicated to the dj scene providing a platform to choose music for professional purposes. The idea is to let dj’s listen to and choose music without the need to buy it. PulseLocker is providing the infrastructure including a catalog, music player and djing software to let dj’s prelistening to and play with music. Just in the case of music being favored the purchase of the music is necessary. Currently the service is in private beta and participating needs an invitation. To get further information or apply to use the service visit PulseLocker.

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Music Market Trends

The growing importance of online media on the music market is obvious and causes people to buy less hard copies like cd’s and dvd’s. Some current figures about the music market do come from the Global Music Forecast by Strategy Analytics.

According to this research the decrease of hard copy sales is about 12 %, which nevertheless by about 60 % still have the largest market share. The online business is dominated by music downloads having a market share of 80 %. But this will change in the future and decrease as well. The most promising and upcoming business models are expected to be free streaming services financed by advertising and subscription services, which replace music downloads. The latter and also called on demand services are expected to pass the revenues generated by music downloads this year already. What needs to be contemplated as well is the mobile internet not mentioned within the cited excerpts mentioned in the following article.

Global music trends- Streaming leads growth as physical sales drop 12%

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Online Label with Crowd Funding

The term crowd funding label is used by sonicangel to describe its service. It is a mixture of netlabel and crowd funding for music projects and musicians. The members of the site may support their favorites by various activities and especially by buying fanshares. By doing so fans may be invited to tours, get new releases for free and in the case of fanshares may even get a share of the revenues generated by a release. The part of a label is represented by a record contract given to the most succesful musician or musicians. For more visit sonicangel.

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Selling Music on Twitter

Just the former article has been about a Twitter music app, the music discovery service Twitmusic, which is also used by musicians as a launch pad to introduce new releases. Now Chirpify, a Twitter commerce platform, introduces a tool called Twitter Commerce for Musicians and Labels to sell music on Twitter. Beside downloads the tool enables to sell tickets and other relevant stuff as well directly to fans and followers. Furthermore the service provides special profiles to build a community of fans. For further information visit Twitter Commerce for Musicians and Labels.

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