Streaming may suffocate the music industry – or save it

Thursday, November 20, 2014 - 10:00 in Mathematics & Economics

Taylor Swift's announcement that she was removing her music from the Spotify music service started a debate about the future of music. Swift argued that artists were not receiving appropriate compensation and that a pick-and-choose approach to consuming music undermined value of music as art. Spotify, and similar music services, had been seen as the way of reconciling the interests of musicians, record labels and consumers in the face of rampant illegal downloading.

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