The Future of Music Streaming Services
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The Future of Music Streaming Services
With the decrease in sales of physical copies of music, we look to the future of music streaming companies. However, major record label companies (through which music streaming companies must obtain the licenses) are monopolies. They force companies like Pandora and Spotify to accept unreasonalbe demands because there is no other supplier of the certain rights they want.
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Biting the hand that feeds you: why are record labels fighting Pandora?

Biting the hand that feeds you: why are record labels fighting Pandora? | The Future of Music Streaming Services | Scoop.it
A few years ago, leaders from the major record companies planted the seeds from which they hoped would spring the next generation of music distributors.


Apple's iTunes, the overwhelming...
Steve Cord's insight:

This article speaks about the power of Pandora in the market today. It was stated that 25% of all revenue given to record labels comes from Pandora. This is going to be hard to beat but I think Apple will have the upper hand when they're internet radio comes out this summer.

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Max Gromann's curator insight, July 15, 2013 8:04 PM

Pandora is paying the governmental rate for web streaming radios, as opposed to getting lisences from the record labels.

J.d. Kidmobile Davis's curator insight, October 12, 2014 7:33 PM

I can see why record labels would be mad. Several record companies are loosing a lot of money because streaming sights take there money. This is because people don't find much need to  by and album when they can just listen to the song constantly on a stream for free or for small amounts of money 

Nicholas Schwarzhoff's curator insight, October 6, 2015 3:18 PM

I'm adding this to my scoop because I think that the record labels need to work out a deal with the streaming sites. I think they can be a huge benefit to the record labels if they work it right.

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Apple and Universal Music agreement on streaming iRadio service imminent

Apple and Universal Music agreement on streaming iRadio service imminent | The Future of Music Streaming Services | Scoop.it
Apple is expected to sign its first internet radio licensing agreement with a major record label perhaps as soon as next week, multiple sources with knowledge of the talks have told The Verge....
Steve Cord's insight:

It has been speculated that Apple is going to be joining the race for the best streaming website later this year. They have been having difficulties in trying to establish a deal with Universal Music, as well as Sony Music Entertainment. I think that they will be on top due to the large amount of iTunes users they already have, even though Pandora has 200 million users.

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J.d. Kidmobile Davis's curator insight, October 12, 2014 7:28 PM

Streaming sights are slowly taking over the music world. This is really big because apple has a big hand in electronic with there software and apple products. Them have now hopped on to the music streaming wagon might take a lot of sales away from itunes.

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Why Spotify can never be profitable: The secret demands of record labels

Why Spotify can never be profitable: The secret demands of record labels | The Future of Music Streaming Services | Scoop.it
Record labels are the monopoly to end all monopolies. And as Michael Robertson, founder of MP3.com, explains, their over-the-top demands of music subscription services quash innovation, as well as any dreams of profitability.
Steve Cord's insight:

The deals made by record labels make it impossible for the streaming companies to profit. They figure which way will make them the most, whether it be a fee per person, per play or a set percentage of all revenue.

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Brandon Jones's curator insight, April 16, 2013 8:12 PM

This is a prime example of recording companies exploiting the power they have to demand whatever price that they want. With this mindset, these companies are hindering the streaming services from making a profit. These services give artists exposure and in turn who they use to record their music. If they aren't careful the recording companies may take out one of their greatest assets in sharing their product. 

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ASCAP Lobbies for Higher Royalties From Pandora, Spotify - Variety

ASCAP Lobbies for Higher Royalties From Pandora, Spotify - Variety | The Future of Music Streaming Services | Scoop.it
ASCAP Lobbies for Higher Royalties From Pandora, Spotify
Variety
Fast-multiplying streaming services are beautiful music to fans' ears — but can produce earaches for some in the larger music industry.

Via Brandon Jones
Steve Cord's insight:

This is another example of how the record labels are ripping of music streaming websites. The labels already take the largest possible portion of the streaming sites revenue as it is, yet they still want more. The record companies are limiting these website's creativity because they make it impossible to profit.

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Brandon Jones's curator insight, April 16, 2013 7:37 PM

This directly relates to the problem streaming services are having. The artist and record labels believe that they should be paid more for these streaming services using the music they produce. The streaming companies however, believe that the prices they pay now are too steep for profitability. This has a huge impact on the recording industry either way.

Max Gromann's curator insight, July 15, 2013 8:13 PM

Pandora lobbys congress to cut down the rate they have to pay the record industry.

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Can streaming save music sales?

Can streaming save music sales? | The Future of Music Streaming Services | Scoop.it
Streaming services have reversed the fortunes of the music industry in Sweden and now generate more income than downloads or CDs. But can the model be replicated worldwide? (RT @i4harold: Can streaming save music sales?
Steve Cord's insight:

I chose this article because it demonstrates how Sweden's digital economy comes mostly from music streaming websites. However, the main difference is that the Swedish record labels depend of Spotify and other streaming sites to boost their revenue rather than just using them. 

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Patrick Lantz's curator insight, September 9, 2013 12:06 PM

This article discusses how streaming music may improve sales (mainly in other counties namely Sweeden).

J.d. Kidmobile Davis's curator insight, October 12, 2014 7:22 PM

I think streaming can save music sale but only if streaming sights start charging certain amounts for there services. if they don't charge then no because then the whole music industry will go down the tubes because there will definitely be no point of buying anymore music

Candice Lennon's curator insight, November 4, 2015 12:43 PM


After reading this article on BBC website, I thought it was a very interesting topic. Streaming services helps a lot of artist and music icons to sell their music. This website gives stats on the percentage of different states digital revenues "Streaming versus downloads." I think some people would find this article very useful in different music industry debates that relate to music streaming topics.

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Will Music Streaming Services Save The Recording Industry

Will Music Streaming Services Save The Recording Industry | The Future of Music Streaming Services | 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
Steve Cord's insight:

All these music streaming companies rely on major record labels to supply them with the music that they stream. However, the record labels only make deals that make them the most profits.

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Brandon Jones's comment, April 16, 2013 8:09 PM
I think that music streaming services are a great way to give exposure to both the artist and the recording companies they use. The recording companies have to be careful to not exploit the power they have to charge what they want over the streaming companies.