We think a big part of what's wrong with the music industry is while the trends over the last 10 years have reduced the cost of music production, the music industry has not figured out how to change their model, Invest first, test later.

The Web is increasingly becoming a place for new music to be discovered. We're only at the beginning.

This is groundbreaking, ... We applaud Clear Channel for creating national exposure for unsigned artists chosen by music fans. The idea that a musician can submit music online for the chance to have it promoted to a nationwide audience is the American dream come true, and a major step toward democratizing how music is discovered.

The idea that a musician can submit music online for the chance to have it promoted to a nationwide audience is the American dream come true, and a major step toward democratizing how music is discovered,

Over the last five years, musicians outside the major label system have created three times as much music (as held by the major record companies). And I think that's just the start.

The primary role of the music industry is to have artists be heard above the rest. It's a big needle in a haystack problem. The Internet has the service and tools to find the needle in a haystack.