The Music Industry - new biz models: Osterwalder's canvas in action

Over the last few years, I have been following Alex Osterwalder and his business model framework.
The framework consists of 9 components, defining the value network of provider, partner, channels and customers as well as cost and revenue.

Recently, I noticed Mr. Osterwalder has tweaked the model to be more digestible for the masses.  For example, in the early days, he used components such as 'value configuration' and 'key assets'.  These have been replaced with ''key activities' and 'key resources'.  Long story short, its a great framework for exploring and comparing business models.  As illustration, take a look at this new model for the music industry.  Sellaband.  They're not out f the woods yet, but fan-funded music (by what Sellaband refers to as 'Believers' looks promising.

Osterwalder illustrates how Sellaband.com works (hopefully)
The Music Industry - new models (excerpt of a keynote)

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