Everyone these days are using music streaming services. While it is quite popular, it stirs great deal of controversy around it as well. While there are pros in using such service, let’s not overlook the cons that come with it as well. These pros and cons are affecting not just the consumers but the artists themselves as well.
Let us talk first about the obvious benefit of using the service, which is none other than convenience and value.
Exposing the Reality to People
Basically speaking, music streaming services are offering enormous value among consumers. You can explore massive collection of music listed in the platform. With the hierarchy of playlist created to meet every genre and mood, it is hard to pick a wrong playlist. Streaming services are perfect too in discovering new music you never thought.
As a matter of fact, Apple Music and Spotify have a weekly playlist that is designed around the preference of the user.
For subscribers, convenience of being able to stream music at their will is the true definition of ownership. It’s like buying vacuum carpet from https://www.atomkeep.com/best-vacuum-for-carpet/ that has ergonomic design for total convenience. From the past decade, the purchase of physical CDs has experienced a drastic decline. Consumers don’t care much about this but for the artists and other professionals in the music industry, this is a real issue that can’t be taken for granted. This exactly brought us to our next subject, the hidden side of music streaming services.
The profits that artists make from these platforms are around .0006 of a cent. And that is per stream of their song. While it may not affect artists at the top level, but smaller and budding artists may potentially not make the cut. Even if popular artists’ songs are streamed thousands or hundred thousands of times, still it is far less from what they actually deserve. Physical sales are really taking a blow here. It is something that the music industry is trying to endure and solve. Unfortunately, millions of music fans will never grasp the severity of using music streaming services and the impact it has on the industry.
Embracing the Good and the Bad
Generally speaking, music streaming is an accessible and convenient way among people to listen to music. And even though it may be harming artists from their revenue, it serves as a platform as well in discovering new artists who might make it into the music scene.