As the digital age becomes more and more apparent, the music industry as we know it is turning into a 'virtual' world. The days of extreme multi-platinum CD sales are not seen as much in this modern day internet driven world of music downloads.
While the record labels sit in the red because they can't let go of their old dinosaur profit model, other companies and websites such as JamBuzzer.com are coming in and introducing new ways to profit by letting users listen to free online music, while letting companies put their brand in front of these users. They are also helping up-and-coming artists get a strong foot inside the door of the industry, by leveling the field on which major artists and independent artists play.
According to JamBuzzer CEO Aaron Bradley, "There are ways for artists to profit more by letting fans have access to their music for free, than by the standard CD sale profit model!" Bradley who is also a music producer, owns and operates a website where up-and-coming music artists can get access to professional hip hop instrumentals and rap beats, as well as r&b instrumentals.
This model that he uses at AaronBeats.com even is changing the way that producers and artists do business. There is clearly an exodus going on in the music industry, and if the record labels don't get with it, it's only a matter of time before they completely fade out.
It is pretty apparent that the new world of music downloads and fans getting music for free, isn't going anywhere, so might as well find a way to profit from it. Radio and television has done it, so why can't the music industry?
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