The State of Streaming Music

Friday, August 30, 2013

Transcript

After years of hemorrhaging money from piracy, the music industry placed its faith in online subscription services like Spotify and Pandora. But a decade on, streaming music appears to be a triumph of hope over experience. Tim Carmody, senior writer for The Verge, says that streaming services and the music industry are clinging to the belief that profitability is ... just over the next hill.

 

Vitamin String Quartet - Champagne Supernova

Guests:

Tim Carmody

Hosted by:

Bob Garfield

Comments [1]

Ramesh from Ny

http://pitchfork.com/features/articles/8993-the-cloud/

"...Galaxie 500's 'Tugboat' was played 7,800 times on Pandora in the first quarter of 2012, for which its three songwriters were paid a collective total of 21 cents, or seven cents each...."

As this article says Spotify and Pandora are building capital, not music.

Sep. 03 2013 12:50 AM

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