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Music Streaming to Overtake Downloads

Barence writes "Streaming will overtake download services to become the dominant force in the online music industry, according to industry insiders. The claim comes in the wake of the PRS cutting the amount of royalties streaming services have to pay songwriters to about a third. Sites will now pay the PRS 0.085p per track, compared to the 0.22p they paid previously. On-demand streaming services still have to pay the record labels about 1p for every track streamed, however. Steve Purdham, CEO of music service We7, says the move will accelerate the growing trend towards online streaming which has seen newcomers such as his site and Spotify attract millions of users in less than a year. 'Over the next 12-24 months you'll see a move towards listening [online],' Purdham told PC Pro. 'Why do you actually need to have something downloaded on your PC? The streaming idea is really the future.'"

4 of 254 comments (clear)

  1. Re:So in other words.... by Thermionix · · Score: 0, Offtopic

    and they can't be painted black either, that makes them to hot when left to sit out in the sun ...

  2. music identification by William+Robinson · · Score: 0, Offtopic

    Few weeks back, my friend showed me how iPhone (or something else from Apple.) identifies correct song and allows you to download by listening clip of a song from my mobile for few seconds. The song I played was hardly 16kbps mp3 and sound quality must have been not so great. It even showed me the Album which song it belongs to.

    It was amazing.

  3. Dammit by pennyloafer · · Score: 0, Offtopic

    As an American, I am angry fat, and drunk.

  4. Re:You know... by Daengbo · · Score: 0, Offtopic

    Well, if your time is really worth something, then you can spend that 11.5 hours on the train working, whereas you'd only get 6.5 working hours travelling by car. ;) The train system in the U.S. isn't so good, but if there's incentive to improve it, you can have a situation like 2.5 hours for the travel at a fifth of the cost for the plane ticket.

    BTW, Busan to Seoul is a 4-hour car trip, but I can get on the KTX (train) and do it in two. You just need decent infrastructure.