April 22, 2008
There has been a ton of talk about Bubble 2.0, it started with Fred Wilson back in March of ’05, was picked up by Vulture Central in Oct of the same year and has since since spawned everything from an official blog to a Wikipedia entry. However, the only sure sign that Bubble 2.0 is in full effect is the recent launch of 5 major web sites focused on the Black audience. The last time this many copy-cat Black sites, with major backers, launched was at the tail end of the dotcom boom in late ’99 and 2000.
Back then a series of lackluster online efforts launched and failed in rapid succession. These sites were generally the brainchild of a disgruntled black executive in a traditional media firm who had snagged a white funding source. He (its always a he) would then hire a bunch of magazine writers, movie/music promotions people, traditional ad-sales folks and some witless MBA’s for legitimacy. What none of these sites had was a real problem to solve, a raison d’etre that was unique to their target audience, or a technological basis to solve that problem.
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July 3, 2007
It seems that after months of slow economic starvation AllofMP3.com is finally no more. Over the last few years the IFPI and RIAA have mounted a sustained assault on the site, which followed the letter of Russian law, but sold music in a format (MP3) and for a price (cheap as hell) that the dying recording industry disliked. For the music industry this was a long, hard fight and their victory would be a whole lot sweeter if AllofMP3.com hadn’t already reopened under a different name. The new site called Mp3sparks, has all of the features and functionality you loved in Allofmp3.com. Your old Allofmp3.com username and password are supposed to work on Mp3sparks.com although it hasnt for me. Credit cards are still not accepted on the site but its unclear if thats due to the old credit card monopoly ban on ALLofMP3 or a simple technical glitch. Hopefully, MP3Sparks can fill the gap left by the hobbling (and now full closure of ALLofMP3.com) but until it gets credit card payments up I dont recommend you let your BitTorrent ratio’s slide.