This might be the future I've been thinking very hard about music and how to sell it. I am on the way (slowly, slowly) to writing and recording my own music, and at some point I would like to have a go at selling it. For a long time the only way to sell music has been to approach a record label, and get them to do it for you. But as we all know, this approach has its problems. The main two reasons musicians have needed to go to record companies were they needed help getting their music recorded (it's an expensive process) and they needed help getting the music distributed (it's a complex process).

But now recording music in your bedroom is CHEAP. With a laptop I can record music more easily than the Beatles could (although not as good obviously). And distribution? Well, you just upload the music file to a P2P network and let everyone else do the work. The only problem with that is it can be hard to get paid. So obviously there's a market there for someone to create an internet-only record label. Musicians could record their music and then send it to the label who would distribute it for them, collect payments and reimburse the musicians according to the terms of their contract. And funnily enough, here's a record label that's doing exactly that: Magnatune - We Are Not Evil.  ¶ 1:18 PM