http://venturebeat.com/2007/08/05/amazon-backs-amie-street-music-site/ News About Tech, Money and Innovation Wed, 25 Nov 2009 06:07:42 +0000 http://wordpress.org/?v=2.8.5 hourly 1 http://venturebeat.com/2007/08/05/amazon-backs-amie-street-music-site/comment-page-1/#comment-702102 Wael Jassar Sat, 29 Dec 2007 07:37:36 +0000 http://venturebeat.com/2007/08/05/amazon-backs-amie-street-music-site/#comment-702102 Hey!...Man i just love your blog, keep the cool posts comin..holy Saturday Hey!…Man i just love your blog, keep the cool posts comin..holy Saturday

]]> http://venturebeat.com/2007/08/05/amazon-backs-amie-street-music-site/comment-page-1/#comment-395774 Amazon invests in social music site | last100 Mon, 06 Aug 2007 16:31:47 +0000 http://venturebeat.com/2007/08/05/amazon-backs-amie-street-music-site/#comment-395774 [...] 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. [...] [...] 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. [...]

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