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A lot of money has been made by those who have sold media players. Every manufacturer is trying to sell more MP3 players and now selling more media players. They are all trying to be different. Some people pay hundreds of dollars to be the first to receive a new model. In other words, the market is competitive.
Music is as important to the business as the business is to the music.Music is the most important driver in the economy. And if you're not in the music business, the music business is going to eat you alive. There is only one reason a record company would not release your music: they don't like you.All the major record companies, including the majors, are moving toward streaming.For those that don't realize it, the major record companies, Universal, Sony, and EMI, have a single distribution system. They sell the records, and they sell the records to the retailers, which are independent businesses. They have their own business models, which are different than the major record companies. They have their own distribution systems. The major record companies have always been distributors, but they distribute their own records, their own CDs. They have their own video distribution systems, and so on.
Many people who want to make money from Podcasts have already found the right niche. Highly successful people have used Podcasts to develop their business, including:- Howard Stern, a shock jock comedian. Stern is the #1 Podcast in the world.- Roger Dobson, a journalist.- Donny Deutsch, a TV personality. Deutsch is one of the top paid podcasters in the world.- Robert Peston, a BBC journalist.- Richard Curtis, a British comedy writer- Robert Edwards, a Christian writer and preacher- Michael Stipe, a singer with R.E.M.
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