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July 10, 2008

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Bravo, last.fm (CBS!)-- this is sorta a step in the right direction. I think it's important in this digital age to figure out a way to make musicians money from their art. If you look at both sides of the industry spectrum -- from the labels on one end to Creative Commons on the other -- most musicians aren't making too much, and there needs to a new model attached to digi music.

Last.Fm's model, however, isn't quite right. First, they severely under pay the artists. Big surprise, eh? But, at least they're engaging in some mild profit sharing with the musicians.

I think the next year or so will experience new ways for musicians to make a buck online. this is just the first bang.

I agree Gavroche. There has to be some kind of middle ground, as I wrote about here:
http://www.indiemusictech.com/music_marketing_for_indie/law/index.html

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