How Music Streaming Has Changed The Music Industry | The Music Development Agency

With the introduction of popular streaming services, the music industry is changing. But is it changing for the better?

Written by

March 3, 2018

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5 min

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Music streaming gives our constantly changing society opportunities to listen to music where and when they want, in an extremely portable fashion. The change comes from music supporters switching from purchasing a CD, which is quickly becoming a novelty item.

Risks & Challenges

The digitalization of music has influenced new and unheard of challenges, such as revenue loss to the music industry due to piracy. However, it’s also introduced new and exciting opportunities to a larger number of artists. By reducing costs such as searching, the streaming service makes it a lot easier to discover new artists.

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