Streaming Music in the Recording Industry
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Dr. Dre Has a Plan to Remake the Music Industry

Dr. Dre Has a Plan to Remake the Music Industry | Streaming Music in the Recording Industry | Scoop.it
The hip-hop mogul wants to do for online music what he did for headphones, but to make it work, he's going to have to persuade people to start paying for a product they're accustomed to getting for a free.
Keith Napier's insight:

I added this article because it is relevant to my topic in ways where it speaks about a newly created streaming service in the makings and how it will differ from the current services such has spotify, pandora and the cloud.  Although, this service will cost $10.00 a month, in my opinion his reasoning for charging is fair, because in other articles about streaming music in the recording industry you will read that there are several issues as it pertain to profits and losses on royalties and/or streaming services.  Dr. Dre a hip hop artist is sticking his neck out to charge a monthly fee and to do away with the ad base services.  This way he felt that neither the record labels and/or streaming service would get the short end of the stick for their efforts.  Dr. Dre  plans to market this streaming service called "Beats" in several ways and one being packaging it with cell phone services with AT&T. Streaming Music is obviously the future of listening therefore, alot needs to be done to update copywrite laws to fit the current way of purchasing music in todays recording industry.

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Streaming Services Really Are Saving the Music Industry, Global Sales Prove

Streaming Services Really Are Saving the Music Industry, Global Sales Prove | Streaming Music in the Recording Industry | Scoop.it
Piracy plummets and revenue rises for the first time in 13 years, but will the artists reap the rewards?

Via Fernando Reyes
Keith Napier's insight:

I added this article because of the emphasis that is placed on the increase in selling digital music versus tracks.  The article speaks about the two streaming services Rdio and spotify that there was a significant increase in the purchase of music along with iTunes in 2012.   Streaming Music has definitely decreased music piracy a great deal.  As mentioned in the article the only problem thus far with streaming music is the artist receives very little from the sales and each time the song is played.  I believe they get anywhere from 3 to 7 cents for each song.  Considering the direction we are going in and like most things that are new to the industry. Once changes are made and things are cleaned up and revisited on how streaming music can be more positive and profitable, I believe the artist / music industry will eventually be more receptive to the service of streaming music.

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Fernando Reyes's curator insight, June 11, 2013 12:44 PM

This article talks about how in 2012, after 13 years, the music industry increased their revenue. This shows how the digital is saving the music industry, and this is the main reason why record labels should finance and pay a fair percentage of money to the streaming companies.

Johan Ortiz's comment, August 24, 2013 9:44 AM
Part of the pros of the research, this article talks about the increase in earnings towards the industry and how digital technology has become the pioneer defender.
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Can Streaming Music Services Create a Bigger Recorded Music Industry?

Can Streaming Music Services Create a Bigger Recorded Music Industry? | Streaming Music in the Recording Industry | Scoop.it
With the news from Billboard that investors put $2.3 billion dollars into music services in 2013 it is worth noting that on demand streaming audio and video services, music discovery, music creation
Keith Napier's insight:

I added this article because it talks about where we once were and the different ways of listening to music as well as the collapse of the music industry.  Streaming music definitely has become one of the biggest ways of listening to music.  In today's society, the younger generations do not have a desire to purchase CDs, not to mention downloading music to iTunes that's  also becoming obsolete.  In the article there is mention of,  once the idea of streaming music is accepted by the music industry it definitely will  or can be a billion dollar industry.  Because of all the handheld devices that people have today that are  music ready, more and more people are turning to streaming services such as spotify, pandora and the cloud.  Once the industry adopts this idea fully, then the growth of the music industry will sore just from charging a low price of $9.99 a month.  But when you calculate the millions of people paying that a month versus people periodically purchasing a CD and or listening to a radio, profits will sore.  Lastly, with the implementation of streaming music there has been a decrease in music piracy and that's a plus because artist work hard to produce music and they deserve their fair cut from the work they put in.

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Rescooped by Keith Napier from Will Music Streaming Services Save The Recording Industry
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Will Music Streaming Services Save The Recording Industry

Will Music Streaming Services Save The Recording Industry | Streaming Music in the Recording Industry | Scoop.it
Within the past decade we have seen the rise of digital music services such as iTunes and Amazon. Physical music sales started to decrease, and digital downloads started to surpass all other o

Via Carlos M. Díaz
Keith Napier's insight:

I added this article because this article gives you another side to benefits of streaming services as it relates to who profits and who looses.  In this article the record company seems to be ahead of the game..  The record company sees a future with music streaming because they have a deal with the streaming service, that they receive whatever earnings are the most.  Some streaming services are uncomfortable with this arrangement only if they are dealing with a big record label because it is alot of work to do because the record company supplies them with all the music, but the streaming service has its concerns of keeping up. In my opinion, streaming music is a great idea and I believe it can be very profitable across the board if everything is balanced out.  Just like in the beginning of digital sales of music on iTunes and Amazon.  Initially, people had to make sure they had the resources to purchase music as well as storage capacity on their media devices and computers.  Then even once you had that you feared loosing everything that you paid so much money for.  Therefore, I do agree once the meeting of the minds come together and layout the blueprint an see how to balance the load and distribute the profits I believe that streaming music will save the music industry.

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Carlos M. Díaz's curator insight, October 13, 2013 2:55 PM

Streaming music from “the cloud” has become a very popular choice for many music listeners all around the world. Services like Spotify and Grooveshark allow you to listen to any of their songs at any time for free.


The cons of this are that these record companies essentially have a monopoly on the music streaming industry, and can create these heavily one-sided relationships.


And the Pros are just good for the audience that are going to be allowed to listen to music for free when ever they want withouth paying for them.

Austin Politowicz's curator insight, October 13, 2014 10:23 PM

This article describes the various methods of music streaming. It also shows how the record labels make money from these, and the labels create deals to make them the most money

Ryan Seymore's curator insight, October 12, 4:11 PM

Although the internet and digital music downloads are taking over in sales, its just proving that we are moving into the future. Upgrading from the old to the new. the digital music world is taking over making the cd obsolete just like the CD did to cassette tapes. Pandora, Spotify ect. are proof.