WaTunes has announced that it will no longer charge artists for digital distribution to iTunes and other online retailers. The company hopes to generate revenue from ads on a new music social networking site.
I’m not sure why company after company keeps going back to the free business model. Eventually if you don’t make money, you go out of business, and while advertising revnue is up for online advertising, it is still a tough road to go.
For more informattion go to http://www.watunes.com/
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