Advertising is an idea, but the problem is, that you likely don't want random ads, selling phone sex, or other products a musician does not want.
I bit to late. I would have said "Come to Germany", one to three month ago, "join me at Frankfurt Music Fair, and we hustle around to hunt targeted advertisements, by shaking hand with the right people".
The other idea is to expand the business into a premium membership for live acts. I know that people are willing to pay for listening live to shoutcast streams. Managing shoutcast severs for musicians is one of the many small parts of my income. A good musician can earn about $50 in average per hour, by sitting in underpants in front of his computer, because people love paying tip!
All you need is a premium membership (accept pp and cc from listeners, payout with paypal), an own geoip shoutcast relay network, and charge some percent.
Last is your cost structure. You hobby costs $2,500/month. Thats a lot of money for the cloud trap. Own hosting or even co locating could be much cheaper in the long run. But you need some more admin work.
You can contact me in IRC (freenode #startups) or at my website http://kephra.de/
Advertising is an idea, but the problem is, that you likely don't want random ads, selling phone sex, or other products a musician does not want.
I bit to late. I would have said "Come to Germany", one to three month ago, "join me at Frankfurt Music Fair, and we hustle around to hunt targeted advertisements, by shaking hand with the right people".
The other idea is to expand the business into a premium membership for live acts. I know that people are willing to pay for listening live to shoutcast streams. Managing shoutcast severs for musicians is one of the many small parts of my income. A good musician can earn about $50 in average per hour, by sitting in underpants in front of his computer, because people love paying tip!
All you need is a premium membership (accept pp and cc from listeners, payout with paypal), an own geoip shoutcast relay network, and charge some percent.
Last is your cost structure. You hobby costs $2,500/month. Thats a lot of money for the cloud trap. Own hosting or even co locating could be much cheaper in the long run. But you need some more admin work.
You can contact me in IRC (freenode #startups) or at my website http://kephra.de/