Entertainment & Sports,
Intellectual Property
Oct. 17, 2014
Streaming for dollars in the music industry
The music industry is currently transitioning from an "ownership" model to an "access" model.
The music industry is currently transitioning from an "ownership" model to an "access" model. Instead of purchasing CDs or permanently downloading songs via iTunes, Amazon, etc., an increasing share of music listeners are choosing to stream music over the Internet via services such as Pandora, Spotify and Sirius XM. While these streaming services still pay royalties to artists, songwriters, music publishers and record companies, the rates can be miniscule compared to the revenue artists re...
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