Saturday, June 16, 2012

Young listeners opting to stream, not own music

CNN reports:
For Camille Kim, music is life.

On a typical day, the Emory University student spends hours on her laptop, scouring the Internet for the latest music. She uses a site that aggregates music recommendations from blogs to discover new artists and songs, streams them online and then shares her finds with her friends through a Facebook group.

But she rarely buys songs or albums.

"If I really love an artist and I want to support them, I will buy their music," said Kim, 21. "You can find [music] on the radio and TV, but those songs are chosen for you. The Internet allows you to find your own music. It's more personal."

Young listeners like Kim represent a looming sea change for the music industry, which has been in upheaval since the Napster era of the late 1990s. Five years ago, music consumers had to choose between buying a CD or downloading the album. Nowadays, thanks to the rise of music-streaming services like Pandora and Spotify, that choice is becoming whether to download music or just stream it online.
An article well worth your time.