New business model for selling/discovering music launched with Amie Street alpha
Amie St. is a new online store for selling tunes by independent artists. The best part: it takes a new approach in letting users decide how much a song costs based on how many recommendations they give it. Even better: The music is all in MP3 format and it is NOT encumbered by shitty DRM (digital restrictions management).
Tech Crunch has more on the new store and its founders:
Artists can upload their music to Amie Street for promotion and sale. Users form social networks with friends, listen to, and purchase music. All songs are DRM-free in MP3. Songs appear to be at 192kpbs quality level, although it may just be whatever the artist uploads.
All songs are free to start. Prices fluctuate over time based on demand for the song – currently the highest priced song, “Against the Wall” by Danny Ross, is $0.36. 273 songs have been uploaded so far. This demand based pricing model seems like a good way to sell music.
I hope this business model takes off! I will be adding my music to the store once we’ve got an album to sell, if not before. I’ve got a couple tracks layin’ around. We’ll see. For now, it’s pretty exciting and all-in-all, a great thing for independent artists.
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