Effects of Streaming on the Music Industry

returns of blow on the melody diligenceIn the past couple of long time, menstruum has become iodine of the main ways to listen to melody. With be adrift is it having an Effect on the music assiduity that we have come to know of. This layer has many Positive and Negative statement about the effects on the music constancy.Some of the main be adrift Sites or Apps are Spotify, Pandora and apple Music. With these drift sites, many of the CEOs believe that their apps have helped the music perseverance from divergence into a decline in about of its sales. Or Artists believe it is service of process the profile platform for Musicians.Results from streaming in the past couple of years are that the rates of piracy have heavily declined because of Apps like Spotify and Pandora. Spotify has been one of the main impacts on the music patience from 2015, Due to its free subscription to stream music.CEO of Spotify Daniel Ek, claiming Now, finally, after years and years of decline , music is growing again, streaming is behind the growth in music, and Spotify is behind the growth in streaming.(Hassan, C, 2016)Lars Ulrich drummer of Metallica believes Streaming is a costly way for musicians and artist to get a high profile on themselves. He also states Its a prime(prenominal) for the sports fan to be part of, its a choice for the artists who are involved in making their music available on streaming services. Its a choice by the record companies that represent the artist. Fifteen years ago those choices didnt exist.(BBC news) just now besides all these Positives there have been many negative remarks on the topic. When Apple music did their 3-month free trial, the apple artist wasnt actually acquiring paying(a) for the music that the members were streaming. Which has made a contri alonee to Taylor Swift draw her music off of Apple music because of a high ground disagreement over payment.Payment is also a factor that most people disagree with when it comes to Spotify or Apple Music. When a some is vie on Spotify it has to be running for more than 30secs for the artist to get paid which throne go from $0.004 for the smaller artist to $0.0084 for the well-known artist. Which in remnant has made some famous artist non-eager to join Spotify.In the US the revenue for music sale has been hovering are $7Bil since 2010, which only went up by less than one percent from 2014 to 2015 to $7.02Bil. With this, Cds and Downloads have started to become abounded as streaming has now risen to become one of the number one platforms for music listeners.With all the contributing statements Does streaming effect the music industry you can tell that most people are with thinking that it is positive or negative, but you do get people who think that it is both with good reason to back themselves up. in future years to come get out we see a drastic change in the music industry thanks to streaming?.BibliographyHassan, C, 2016 Spotify CEO Claims the Music In dustry Would Be d.o.a. Without Spotify http//www.digitalmusicnews.com/2016/02/17/71963/Jones, R, 2016 Online Streaming drives increase in Australian Music Industry http//www.abc.net.au/news/2016-04-11/online-streaming-drives-increase-in-australian-music-industry/7314660Sisario, B Russell, K, 2016 Music sales remain steady but lucrative cd sales declineIs streaming good for Music 2015 http//www.bbc.com/news/entertainment-arts-33526045Iahn, B Streaming effect on the music industry https//themusicuniverse.com/streamings-effect-on-the-music-industry/Wolf-Mann, E, 2015 Spotify Music Industry Revenueshttp//time.com/money/4086968/spotify-music-industry-revenues/University, A, 2016 How streaming is changing the music industry http//au.blogs.american.edu/audio-technology/how-streaming-is-changing-the-music-industry/Ellis-Petersen, H, 2016 Streaming revenues bring big boost to global music industryhttps//www.theguardian.com/music/2016/apr/12/streaming-revenues-bring-big-boost-to-global-mu sic-industry