One of my very fine former students, Lee Berg, hipped me to a startup called Bandbox over the summer.
In essence, Bandbox provides artists/labels/content holder with a widget that can be placed on the content holders’ site. The widget allows the content holder to sell their material (digital and hard good) direct from their site. Bandbox doesn’t take any cut of digital sales; they make their revenue via a small ad on the bottom of the widget. For physical sales, they take a small cut.
It’s a great idea and a needed service. It represents a good example of the process I call “blogtailing.”
Coolfer has a good piece on the company.