Just lately the live recording service set.fm came out of beta and is now providing its services to download live recordings and the app to record events to the public. Musicians are able to download the app, to record their events and to sell the recordings at the set.fm homepage.
The service is located in Austin, Texas, and up to now only recordings made in Austin are available at the homepage, which is because of the app being available just since the beginning of September. But set.fm has ambitions. The service got money by investors and aims to make revenues of 100 million in five years, which probably needs a global expansion. An argument to reach this target is a general trend toward live events in the music industry and a test of the app showed that about 15% of visitors of events have bought the live recording. To get further information visit the homepage of set.fm.