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Thursday, August 25, 2011 8:35:27 PM
RTGV Streaming and monetizing live music with cloud applications
RTG Ventures CloudChannel : Prepares to launch a massive awareness campaign scheduled to last for 5 weeks and longer.
RTGV.OTC.QB Is one of the few public companies in the microcap market with cloud technology and social media reach.
Google, Facebook, Apple, all pressing to get the lead in this booming industry of streaming live music and cloud technology which is in the birth stage. Companies across the technology industry are jockeying to associate themselves with cloud technology.
A 120 Billion Industry
Cloud.com bought for a reported $200-$250 Million several weeks ago
Nearly $400 M raised in music startups during 2011
Spotify raised $100M and has a valuation of over $1B as a private company.
Pandora went public through IPO in June, is trading at $15.97 high on Friday with a market cap of 2.41 BILLION.
LinkedIn similar
Eventbrite similar
Beyond Oblivion similar
Oversubscribed opened to public market at $26
Disclaimer: My posts are IMO, I am not a Professional analyst Do your own DD before investing/trading . My opinion is subject to change quickly depending on market conditions or other considerations!
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