
In a similar way, the music industry has been going through a change. I would contend that the music evolution began with the establishment of Napster in 1999. Napster was a truly revolutionary service that harnessed the Internet in its purest form. Using the intrinsic communicability of the Internet, Shawn Fanning, a then Northeastern University student, began the largest scale music sharing platform the world had ever known.

Similar to using Google, individuals would merely search a song that they wanted and the system would show all of the files available in the system. The user then just selected the file that they were most happy with and the download began. Unfortunately at the end of the 20th century, download speeds were still relatively slow for individual users, and thus a 5.0 kbps/second rate was considered optimal (we've certainly come a long way since then).
Anyway, the emergence of Napster was the inflection point -- or as Malcolm Gladwell would tell us, the Tipping Point -- of the musical industry. No longer was music truly in the hands of large record labels or even the artists themselves. The musical power had been transferred to the user. We were free to share music and essentially make all of it available to the whole world through the Internet.
Since then, music has had to deal with a great deal of transformation. Steve Jobs and Apple have worked hard to legitimize the public dissemination of music through their program iTunes which allows users to purchase songs at a rate of $0.99 a song and typically $9.99 for a full album. Downloading music for free is still very much available. If you prefer a little more of a risky approach you could try using Kazaa, but this illegal downloading program is full of viruses and I personally don't like the system very much. Another approach is to use Pirate Bay, which is a search engine full of torrents. This program is working very hard to legitimize its downloads and does well due to its comments section and a rating system of safety associated with trusted torrents.
However, the concept of music and its dispersion is still being determined. As NPR reports, in time people may pay for music based on the bandwidth that is used. Furthermore, consider websites like Pandora that allow individuals to listen to music of their liking for as long as they want as though a radio, while Pandora pays a fee to the artist each time their song is played.
Considering all of these different elements and recognizing that we are truly still in the midst of understanding how music will evolve with the Internet, I present a revolutionary concept called The Next Big Sound.
- The Next Big Sound
The concept of micro-financing is brilliant and is really only possible due to the power of the Internet. In a sentence, micro-financing allows bands to request $10 for 1,000 rather than $10,000 from one person. Due to the connectivity of the Internet and the ability to expose oneself and one's product or service, the Internet is an unbelievably conducive environment to allow this sort of transaction to take place.

The Next Big Sound also only allows individuals to sign a maximum of 10 bands at a time, which adds an added element of strategy into the mix. I like this component of the website, because it makes an individual think carefully about how they use the service and further augments the meaning of the Mogul Score due to the fact that it becomes slightly more challenging to gain a good score and thus more impressive when a person on the website does so.

The Next Big Sound has already received a great deal of press from the New York Times, Mashable, Daily Candy, Decision Factory, and The Guardian. The reviews generally speak to its innovative nature and its new way of approaching the music industry. After reading excerpts from these publications, I cannot agree more with them.
The Next Big Sound is a phenomenal concept that is a necessary wave of change that the music industry needs. It is fresh and cutting-edge. The idea has been worked through logically and the management has clearly considered it from several different angles in order to attain the desired effect that they set out to achieve. I look forward to seeing great things from this website and general concept in the future.