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Examples
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Popcuts co-founder Kevin Mateo Lim makes his case for his online music store Monday at the Microsoft BizSpark Accelerator.
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The site's selection is still pretty slim - it includes around 700 songs from about 200 artists - but Popcuts is adding musicians through a deal it recently made with music distributor DashGo Inc. and is looking to connect with more distributors and with record labels.
CANOE Money 2008
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Popcuts user Gary Yao, 25, said that while he'd prefer cash to the current site credit that users earn, he likes being rewarded for buying songs.
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Thereafter, whenever someone else buys the same song, those who have already bought it get paid in credit that can be redeemed for more Popcuts music.
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The site's selection is still pretty slim - it includes around 700 songs from about 200 artists - but Popcuts is adding musicians through a deal it recently made with music distributor DashGo Inc. and is looking to connect with more distributors and with record labels.
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Berkeley, Calif. -based Popcuts, which publicly launched its website in early August, charges users US99 cents per song.
CANOE Money 2008
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Still, Mike McGuire, an analyst for Gartner Inc., said Popcuts 'model of sharing with users can be very effective.
CANOE Money 2008
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The agreement between artists and Popcuts is not exclusive, Hesse said, so music makers can sell songs through services like Apple Inc. 's online iTunes Store as well.
CANOE Money 2008
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Thereafter, whenever someone else buys the same song, those who have already bought it get paid in credit that can be redeemed for more Popcuts music.
CANOE Money 2008
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Popcuts user Gary Yao, 25, said that while he'd prefer cash to the current site credit that users earn, he likes being rewarded for buying songs.
CANOE Money 2008
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