For Sale:
Premium Social Networking Website for Musicians
Asking Price: $400,000
Description
For musicians, this site provides a full featured site to showcase their music to listeners and prospective labels. It is a social networking site that is a hybrid between MySpace and itunes with 100,000 independent band accounts. This site allows new artists to create a custom website featuring their music, upload videos and photos, and share information via a blog format with their followers. For listeners, this site provides access to 1,0000s of mp3s from the best new bands and artists as part of a free membership. Revenue growth over the past two years has been strong and the site's profitability continues to increase. The growth potential for this site is enormous. Site revenues are derived by a combination of artist subscriptions and processing fees, and advertising revenues.
Financial Overview
| Gross Revenue | $0 |
|---|---|
| Cash Flow | $0 |
| Archive Date | 06-06-2008 |
| Status | Archived |
| Year Established | 2004 |
| Employees | 1 |
| Inventory | 1 |
Other Information
| Category | Social Networking/Blog/Forum |
|---|---|
| Industry | Music |
| Location | USA, Texas (Dallas) |
| Home Based Business | Yes |
| Seller Finanacing Available | No |
| Income Sources | Access to Site/Memberships |
Growth
The depth that this site offers for the musical community is unparalleled and the growth potential for it to become a huge community of musicians and their fans.
Competition
No other social networking sites that have the full, robust features that this site offers.