Rdio Named Digital Music Startup Of The Year
This week's Billboard Magazine named their 10 Best Digital Music Startups of 2010 and the list includes some surprising choices. To learn more about how the process, we turned to Billboard Senior Editorial Analyst Glenn Peoples. Many Hypebot readers remember Peoples from his now dormant blog Coolfer
How these 10 were chosen?
PEOPLES: Companies selected have good products and capable leadership, and tended to have products that try to solve a particular problem or fill a void.
When looking at this general category, did you see any sectors as over or under served?
PEOPLES: I’m not sure any particular category was overserviced by new companies that launched in the last year or so. A year ago I would have said there were too many music streaming services for too few consumers. Then a company like Rdio comes along with a better product that has the potential to increase the size of the market. But there are areas of high concentration out there. It’s not surprising there are no new digital distributors in our top ten. That’s a category that could probably stand to be more concentrated than it is today.
Billboard's 10 Best Digital Music Startups:
"Where Some See Chaos Or Even Doom, Others See Opportunity: The Following Companies And Entrepreneurs All Share A Vision That The Best Days Of The Music Industry Are Not Behind Us, But Still Lie Ahead"
What do you think of Billboard's choices?
Who is missing from your Top 10 Digital Music Startups?