Stream of Music, Not Revenue

A Stream of Music, Not Revenue - NYTimes.com: " . . . Pandora, the only publicly traded streaming company, delivers about 1.5 billion hours of music each month to more than 70 million users, but only about three million of them pay. The rest listen free but must endure advertising. Even though it has a market value of $5 billion, Pandora has yet to turn an annual profi ... it’s hard to get people back into the idea that music is at least worth the value of a cup of Starbucks coffee a week.” YouTube’s free music videos have made it the most popular listening platform of all among young listeners, according to Nielsen ... the competition in streaming music is about to intensify. Beats Music, a subscription service from the makers of Beats by Dr. Dre headphones, will arrive in January, accompanied by an aggressive marketing campaign. YouTube and Deezer, a French company, are also expected to enter the American market with subscription plans. They join an already crowded streaming market that includes Rdio, Rhapsody, Google’s All Access, Xbox Music from Microsoft and Sony’s Music Unlimited ..."

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