ReadWriteWeb has a must-read post for anyone who’s paying attention to what’s happening with Pandora and Muxtape this week. As wi-fi becomes more powerful and widely available, I think more people will want on-demand digital delivery, rather than be burdened by the mountains of physical product they rip to an mp3 player anyway. It’s equally important for artists and labels looking to maximize profits by cutting out the middleman.
Will it be free, like many of the services people enjoy today? Probably not, but convenience and price will be major factors as music likely transitions from a product in itself to something that’s bundled with other services. We’re already seeing it with some mobile devices, and it’s probably safe to say that this will quickly become an industry standard.
As the events of the past week have shown, not all streaming music services will survive, nor do they deserve to simply because they’re innovating in the online music space. As the music industry grows more desperate for revenue streams, you can only expect that the players involved will be tough on those that do make it. We’re on the eve of a revolution in the way we consume movies and music. No one said it would be easy.
Check out the article at ReadWriteWeb and share your thoughts on what would make streaming music better for you!