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Why Is Streaming Services Taken Over The Music Industry?

495 Words2 Pages

Streaming services have taken over the music industry. There was some suspicion in the wake of music piracy platforms like Napster, but users are now willing to pay subscription fees for access to libraries of music. According to the researches, the tendency of resting digital music, which shows a great increase especially in the last two years, is expected to increase further in the future and the usage of online music services will increase because music is an event that is thought never to be destroyed and as long as technology continues to develop.

Mainly advantages of streaming services are:
Easily reach and listen to the music
Music streaming services are becoming increasingly popular. Music streaming services, which have many music …show more content…

Streaming services offer a solution which against to pirating music and provide artists to get paid. Because if people pirate music artists can not earn what they deserve.
The subscription model is leading to more payment for music by consumers, with shifting from pirate services to a licensed music environment that pays artists and rights holders.
Easy distribution
Since iTunes launched in 2002, the music industry has changed drastically. Distribution used to be extremely expensive, but because artists rely less on record labels to produce physical copies of their work, it's become easier than ever to distribute their music. This also means that it's easier than ever for people to get music.
To make people pay for listening to music again
The money for music doesn't come from the streaming services. It comes from the consumer. Without consumers' paying, streaming services won't have revenue to dish out to rights holders. Streaming services work on artists' behalf to convert consumers back to paying customers for music. The only thing that's changed is the model by which people pay. In the past they paid for the albums but now they pay to access the world of various musics. And they have become willing to pay for these services instead of pirate

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