Universal announced today that in early 2007 will be distributing ALL their catalog of music online - and get this - ENTIRELY FREE.
First, only in USA and Canady, so hold on to your pants.
The business model - still not explained - will garantee musicians still get a cut, at least, equivalent to iTunes and all users - FREE music. It's intention is to f**k up iTunes.
Google will follow soon with something similar, according to rumours earlier this year. Let's see how it goes, altough it's similar to the business model I've idealized a couple years ago... I think - and if it is, it IS possible and, best of all, profitable - based on network economics theories of 1988, it WILL work and grow, if well done.
Kind Regards,
AMR
http://www.alvaromrocha.com
