With consumers fast getting used to the idea of buying songs online, expect scores of companies to launch digital music initiatives this year.
Loudeye and Microsoft, both in Seattle, recently teamed up to take advantage of the trend. The crosstown partners are offering companies a way to instantly erect their own music-download services by accessing Loudeye’s music archive using Microsoft software.
Loudeye CEO Jeff Cavins said that the partnership could spur the rise of upward of 100 new digital music offerings worldwide in 2004.
‘It’s highly conceivable you’re about to see a bit of a gold rush around digital music,’ Cavins said.