imeem

8 December 2007

Rather than insist on a high per-song royalty and a load of antipiracy strictures, these deals let imeem's users freely share their copyrighted songs. That's because the labels don't make their money off the music itself, but by getting a cut of the advertising that imeem drums up for the site. Imeem CEO Dalton Caldwell says that roughly half of its revenue goes back to the content owners, on a pro rata basis. The more times a label's songs are played, the more they get paid.

I've been going to imeem for a while now. I quite like it. Lots of interesting communities like ((http://www.imeem.com/tag/kuduro|kuduro)) on there. I never noticed or figured out what their business model was. http://www.businessweek.com/technology/content/dec2007/tc2007127_346115.htm?chan=top news_top news index_businessweek exclusives