As CD sales go into freefall, music professionals are resolved stay profitable. Ads are likely to feature more and more prominently in the battle against downloading. Growing numbers of legal and free music Internet services are appearing offering vast numbers of songs, provided music lovers can stomach the accompanying advertisements. And brands including American toy giant Hasbro are starting to team up with the music world to put music into sometimes unexpected places, including kid's toothbrushes. The kids "Tooth Tunes" toothbrush, which plays tracks by chart-topping artists, has been a resounding success in the USA and will shortly be launched in Europe and Asia.
Free music - if you don't mind the ads
Months after striking unprecedented deals with four major record labels, San Francisco social network Imeem has found itself on the forefront of the music industry's frantic experiment with free, ad-supported music sites. Armed with an expansive music and video catalog, which offers on-demand streaming of major record artists and independent bands, Imeem has attracted millions of users worldwide, in July becoming the No. Co-founded in by Caldwell and Jan Jannink of Napster, Imeem started as a music-sharing service but quickly reinvented itself as a social-networking site, where users create flash-based playlists, discover new artists through recommendations and share their tastes on other blogs and Web sites with the help of a sleek widget. The company's efforts to legally offer free music and video seem to be paying off - in June, Imeem had more than 27 million unique visitors, with about 65, registered users visiting the site each day, according to comScore, which ranked it as one of the biggest and fastest-growing social networks in the United States. Imeem also claims more than 85 million total unique visitors of its widgets. Imeem also will be up against new technologies such as Squeezebox, a home audio device that plays a wide variety of digital music files using a wireless network connection, as well as phone applications by online radio station Pandora that allow users to listen to music on the go, said James McQuivey , a media and technology analyst at Forrester Research.
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A lot is going to happen this week, so you don't want to miss a beat. That's why we've collected these 19 stories from the past couple of days to help you stay informed and entertained, for your sanity as the work week begins. This weekend we cover Yesterday at YCombinator's Startup School at Stanford University, the founder of the now-defunct music sharing startup Imeem laid out a very grim assessment of the future of music startups.