Just reading the May issue of Business 2.0, yes in print, but here it is online, Do This, Get Rich. One of the ideas B2.0 dreamed up was a startup company they called Spotcaster.
Elevator pitch: “This start-up creates a search engine for podcasts and other digitally distributed recordings.”
Target Market: “There are an estimated 50 million MP3 players, 80 million multimedia phones, and 700 million PCs that can download digital sound files.”
Business Model: the company matches advertisers with podcasters and other creators of digital audio conent distributed over the Web to multimedia-ready devices like iPods and cell phones. It splits the ad revenue 30-70 with the content disseminators”
They say you can start this business with less the $5 million! Go for it, Greg.