The Future of Publishing

Referring back to my previous post

Online Digital Music - Pandora's Box

Now why can't the music industry do the same thing?

See from SAI Business Insider

"he gets to keep 70% of her book sales -- and she sells around 100,000 copies per month."

Full article This 26-Year-Old Is Making Millions Cutting Out Traditional Publishers With Amazon Kindle

Online Digital Music - Pandora' Box

Image via CrunchBase"Pandora, the popular Internet radio service, filed for an initial public offering in February that would raise $100 million. Spotify, a highly lauded European service, is reportedly raising $100 million from private equity firms to help it come to the United States."


The New York Times notes that


"Since it emerged in the 1990s, digital music has been hugely popular with fans, but for online music companies and their investors it has almost never been profitable."


See


Investors Are Drawn Anew to Digital Music