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R.E.M. Launching New Album On iLike

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When someone suggested that Michael Stipe, the lead singer of the music business of tomorrow are individuals and organizations that create communities, connect people, spread ideas and act as the hub of the wheel… indispensable and well-compensated.

-Seth Godin

Michael Stipe told Billboard.com, “you can either go with it or sit back and watch it happen, and I would rather be out on the field than in the bleachers.”

Here’s another smart move by Stipe - on March 24 they’ll also release an exclusive video of the band talking about the album. Now let’s hope Ninetynights.com. Today is night 71.

On their blog iLike is privately funded and the investors include Tickemaster, Khosha Ventures, Bob Pittman as well as various other investors. I wonder how long until they’re acquired…

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