VentureBeat reports that Amazon has invested an undisclosed sum in AmieStreet.com. The social music site has a unique business model where all songs start off free and rise in price — up to 98 cents — the more they are purchased. Anybody can upload their music to AmieStreet (tracks are sold as DRM-free MP3s) and artists keep 70% of any revenue generated from sales. The site also reward fans when they recommend songs to their friends by giving them credit to buy more music, creating a social network around music discovery.
Last week we pitched Amazon as an underestimated player in the battle for the digital living room, noting properties such as the video on-demand service, UnBox, as well as their soon-to-be launched digital music store. Add into the mix user-generated review sites such the Internet Movie Database (IMDB), Digital Photography Review, and Amazon.com itself, along with today’s news of its investment in a social music site, and its clear that the e-commerce giant knows more about our digital lifestyles than ever before.
I’d forgotten about this sight. Time to take another link. What do you use to handle the related posts?
A wordpress plug-in called “related posts” I think.
Amie Street is an awesome site that I use regularly. Such an investment from Amazon could give more artists the motivation needed to put their music up there. I would love to see Amie Street as a tab on Amazon’s homepage as well.
If you like Amie Street, you might want to check out Tuneshout.com. While it is smaller, it has the same philosophy and a well-designed site.
Amazon has a done a wise thing by investing money in a Social Music Site……
What a great concept. It was really worth it to check it out 😀
Digital Photography Review, dan slot deposit pulsa sendiri, bersama dengan berita hari ini tentang investasinya di situs musik sosial, dan jelas bahwa raksasa e-commerce ini tahu lebih banyak tentang gaya hidup digital kita daripada sebelumnya.