Is Streaming saving or killing the Music Industry?
In my readings today, I came across this fascinating article about the streaming of music… it directly does not agree with my opinions about the topic, but I can see their point, and I’m sure that you will too. Spotify saves kaufen Both sides of this issue have valid points supporting their opinions, which makes this an interesting subject.
This is a very interesting read, courtesy of BBC News. It is geared toward those who are like me in that you are very enthusiastic about the concept that bands can earn enough for their music, in any format. It is very conveniently titled “Is streaming technology saving our music business?” I’ve included a link to it towards the end of the article.
Generally, my review of a topic like this will be quite critical because on the surface, musicians don’t receive sufficient royalty from streaming service providers (most notably Spotify’s pathetic cost at $0.007 per stream), however digging deeper into this issue I found one silver lining that I had not thought about. The primary benefit to the Internet is its accessibility. Anyone can connect to anything from anywhere. This is a dream come true for musicians… their music can be heard by anybody, anywhere in any place, at any time.
Thus bringing me to that silver benefit. The rewards come from new fans learning of the band and going to events that the band may previously have had virtually no chance of connecting with the public unless they were big enough to have a regular schedule of touring the country consistently or going abroad. The band earns more money from ticket sales as well as merch sales directly due to their music being made available online for streaming.
So, I see the argument that this article trying to make. It does an excellent job of attacking issues from two sides (those who disagree and those who advocate) to avoid any sort of bias. The book includes interviews with professionals from the industry. view publisher site They in the course of their interviews explain how the record industry could not cope with the rapid advancement of technology at first (dating all the way back the time of Napster.
Remember that?) and have now had the need to “adapt or die” which I found to be an extremely interesting perspective on the topic. The music business has always been cut-throat, so that seems appropriate.
