Music promotion with a profit-sharing twist

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Music fans are increasingly being recruited to fund the recording efforts of their favourite bands (to wit, for example: Sellaband), so it's no surprise to see that they're now being explicitly involved on the promotion side as well. Similar to GoodStorm's MixTape, which we covered earlier this year, Mixaloo is an online venture that lets music lovers create, distribute and sell custom mixes of the tracks they love and receive a share of the profits in return. Mixaloo, which just opened its doors to the public a few weeks ago, allows music fans to choose from more than 3 million…

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