Oftentimes there are a number of small events that come together to create a trend.
Over the past couple of months, we’ve been seeing a number of such events. Salon’s survivial was one, news that over $2 billion worth of online content was bought last year was another.
Now when the music companies agree to sell music online @ 99 cents a song, you know the Internet is really coming of age.
The music industry has steadfastly refused to look at the potential of the Internet, and instead spent far too much time worrying about protecting existing business models.
The Apple music store is quite a step forward. Read what Karlin Lillington has to say about it.
Coupled with that news, the New York Times reports that online magazine, Slate is finally making money (thanks to Deborah Branscum for the link).
It seems the Internet is slowly but surely throwing off the post-dot bomb lethargy and quietly becoming a profitable new media channel.