Sunday, June 15, 2008

Internet and Money

As I settle into life here in DC, I've begun to look at buying a condo. Real estate is expensive here in Washington, just out of reach at the moment; however, the low interest rates have caught my attention. Zip Realty and Trulia are great tools for searching properties around the country. They're easy to use, see estimates, compare properties, get advice, and see trends. I curiuos to why it took a start-up to make an intelligent tool like this. Large real estate companies had all the expertise, information, and brand; however, they didn't push the limits and make something innovative to create more revenue.

Record companies are the same way they spend too much time fighting internet radio and digital downloads rather than figuring out how to effectively create revenue from them. Streaming music to moblie phones? A rhapsody client for the phone? Publish your own music channel to stream to friends or your phone? Rock Band to promote your new single?

Dear Record Companies,

iTunes is the largest music retailer in the United States. Get over it, you lost this fight.

Sincerely,
A Music Enthusiast

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