Who Is Making Big Money In Online Distribution Besides Apple?

There’s an article that will be appearing in the May 7th, edition of Forbes Magazine that caught my eye. The article is about Robb McDaniels, the C.E.O. and Founder of INgrooves. I want to share some of that article with you:

INgrooves: Proof You Can Make Money On Music, Even If You’re Not Apple

Robb McDaniels, 37-year-old founder and CEO of digital music distributor ­INgrooves,… sips his coffee at an outdoor table—

…A decade ago he launched INgrooves out of his spare bedroom. Since then he’s raised over $50 million in capital and built a staff of 140, becoming one of the world’s largest distributors of digital music. ­INgrooves is home to acts from Mac Miller to Dolly Parton and small labels like X5 but also handles distribution for Universal Music Group, the world’s largest record company (continue reading)

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