Startups have been insulated from the wider economic climate for years — but now they’re feeling the chill, and the focus is switching to revenue generating ideas rather than get-big-quick consumer services. That’s a good thing, says one serial entrepreneur. Read more »
Rumors of the death of the digital music industry are greatly exaggerated, says former Last.fm executive Matthew Hawn. While there may not be much room for profiting from recorded music any more, an entire generation of companies are building a different, more exciting future. Read more »
London-based financial startup The Currency Cloud, which offers businesses a platform to dramatically cut their cross-border payment costs, has just sealed a $3.1m round of investment from Notion Capital — and the cash comes with serious ambitions attached. Read more »
The impact of digital technology has shattered long-established monopolies and ways of making money in the newspaper publishing industry. Today, publishers must find ways to subsidize content-creation costs directly, and this report examines a few different approaches, from more flexible paywalls to charging users directly for access and mimicking the business models of other industries, such as online gaming. Companies mentioned in this report include Ford, Netflix, Amazon and Hulu. For a full list of companies, and to read the full report, sign up for a free trial. Read more at GigaOM Pro »
