I was recently sent this article from Business Week speaking of the growing digital issues facing the Music Industry. Streaming VS Downloads... that is the question...
My take on this is that Streaming Services need to be paying the right's holders whether it be through a pro-rata share of advertising profits, PRO's, or what-have-you. I wonder though... Is it the streaming media's fault for declining sales, or are the declining sales are part of a larger shift in the music purchase paradigm? It would be arguable that terrestrial radio could have ruined record sales in the earlier parts of the 20th century... No-one was complaining then. What is so different about streaming internet radio and other services? I guess that answer will help us get to the bottom of this sinking music industry economy.
