PassAlong.com Joins Ventures Monetizing The Concert Experience

From Digital Music News: "While AOL, AEG, and XM may be out to revolutionize the live concert business, others are also making plays. Most recently, digital music store PassAlong.com announced that it will make live concert downloads available to its customers the day after the performance. The company announced the initiative following a show from Mark Knopfler, former frontman of Dire Straits. The artist kicked off his tour last night in Nashville, with PassAlong teaming with Crowfly Digital Entertainment to record and distribute the tracks digitally…"

"PassAlong joins a growing list of providers interested in bring the excitement from the concert venue to other formats. The recent AOL/AEG/XM partnership is the biggest example, though Clear Channel has also been extending the concert experience with its Instant Live on-site CD-recording business unit. And others like Verizon are also getting into the game, showcasing select Clear Channel concerts within its V Cast video service."

"Meanwhile, live favorites like the String Cheese Incident have been making meaningful profits from selling digital downloads of live performances, with a die-hard fan community often rushing to pay for the latest performance."