Music is universally one of the most powerful forms of entertainment. People that capitalize on this form of entertainment have a strong sense of what sounds pleasing to consumers. Consumers themselves have also been forming their own music communities in the form of social networks since the beginning of the digital age. Below is a list of the top 20 these music social networks:

20. May Contain Music

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May Contain Music is a small music social network that hosts music, event information, venue information, and videos.

19. Flotones

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Flotones.com is small music social network that shares revenue with indie artists. You can browse digital songs, ringtones, music blogs, albums, artists, and mobile wallpapers on the website.

18. Yibster

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Yibster.com is a smaller music social network that has albums, videos, musician profiles, games, events, etc. Profiles can be customized similarly to MySpace layouts.

17. Muso City

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Muso City is a music social network where music fans, artists, and retailers can connect to each other. Indie artists can also add MP3s to the website.

16. ShareTheMusic

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ShareTheMusic.com is a website that hosts over 60,000 songs and acts as the middleman for people that want to share music. The service works in about seven different languages.

15. Gogoyoko

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Gogoyoko is a music social network that has the ability to stream and share music. Music players can be customized. Artists can set the price of the music and they also get 100% of the profit.

SellaBand is a Dutch music website that announced that they have raised $5 million in funding.  Prime Technology Ventures is the European venture capital fund that provided Sellaband their funding.  Sellaband allows users to buy shares in independent bands and then harvests these funds to help artists record music.  Sellaband will use the funding to expand their marketing and technology.

Sellaband opened a New York office last year and has helped funding 18 artists in 11 different countries since then.  Sellaband also recently signed a deal with Amazon.com UK and Heineken.  Heineken will sponsor Sellaband’s music events.

Slicethepie, another European music website raised $2 million in funding recently.