Wonders of the new -podcasting- economy
Internet based services and companies can if managed rightly be tremendously profitable. The next new thing seems to be podcasting which is a way to provide audio files (radio shows, lectures etc) which can be downloaded to a MP3 device; e.g. an Ipod. Podcasting as a phenonomen operates in the same sphere of blogs and vlogs but it seems that the possiblity for raising revenues is more vigorously pursued in terms of podcasting. see article from Wired magazine here. The revenues are primarily raised through offering advertising space, and if you are running a podcasting service with a large audience the only thing you need to do is to explain to your sponsor what podcasting is and then wait for the call from American Express offering you the black card of no credit limit wonder ... The race is on!