Given that I know of no profitable standalone webcasting or digital music companies, I believe this failure rate will only worsen over the coming years as the remaining companies in this space continue to struggle.
The Music Industry Buried More Than 150 Startups—Now They are Left to Dance with the Giants
David Pakman
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Sell music with a direct sales model? Pay listeners who buy and share. It’s all about sharing the pie from each sale. I built an app with a different music ecosystem and just launched it. If you have time, check out Pompipi on Google Play. Trying to upload to Apple App Store but my builds got stuck on their servers. Waiting to resolve.