Thats awesome, too long has it been more about money than the music. Kudos to the Mint Chicks for taking that first step.

I don't think the article or Music Hy.pe are implying they are not trying to make money, I think they are arguing that traditional record labels are pushing a dead medium (which they are) and that they take too much of a cut (and they do).

Basically, if they give the bands a better deal and they push music onto new mediums, they are a breath of fresh air.

RE: #2 'Fixing' the music industry is not about not making money, you need to to stay afloat somehow. What they are doing is ensuring that the bands themselves are getting a bigger slice of the pie rather than a large cut going to the studio's. Why spend all that money on printing CD's when digital files are much cheaper and more easily accessable globally. Of course the website will make money but it can do so without cutting into the bands income. On a whole it will mean cheaper music for fans and larger profits for the bands, not to mention the increased fan base that can be generated online.

MusicHy.pe is not there to 'fix' the industry - they're there to make money. Take the competition they're running at the moment - it costs $5 - $9 to enter the competition - crap.

The whole point of their site is to track your music tastes and activity - hmmm, wonder who that's valuable to?

Throughout the site they constantly emphasise they are music lovers too (really, who isn't?), but aligning yourself as a fan with other fans is really just a bit transparent nowadays - I think that tactic died when Time announced 'You' as the person of the year.

Yep. Unfortunately, record labels influence mainstream radion too. You really think The Rock plays Nickelback constantly because they're a good band? No.