Streaming Music Companies: If The Artists Are Starving, Look To The Labels

The distributive potential of the internet has done its part in disrupting the music industry, most visibly via iTunes. But iTunes was always a sort of simulacrum of a record store. Its icon was even a CD. They were providing, like Amazon, a digital abstraction of a physical store. Where would we be if computers were just digital abstractions of desks full of paper? They were, of course, for a short time, but since then the potential of the home PC has pushed it further and further from the simple desk analogy. Why shouldn't it be the same in music? Many readers of this site are already happily signing up for the new music-streaming services of the net, but much of the world, including the music industry, is lagging far behind and blaming the new services when monetization doesn't work how they expect. The streamers have responded: Hey, don't look at us.

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