Share this postPlatform & StreamThe Beginning Of The End For Free Music Streaming? AI + StreamingCopy linkFacebookEmailNotesMoreThe Beginning Of The End For Free Music Streaming? AI + StreamingPlatform & StreamApr 07, 2017Share this postPlatform & StreamThe Beginning Of The End For Free Music Streaming? AI + StreamingCopy linkFacebookEmailNotesMoreShareSpotify has long evangelized free listening as a way to pull users in to paying for its service. The music industry's patience with the strategy seems to have run out.According to data from the Recording Industry Association of America (RIAA), streaming music now contributes the majority of the music industry's revenues.During the last two years, Spotify and Universal Music Group's negotiations for a long-term licensing agreement gradually turned into media-business brinkmanship.What if we could replace antiquated physical contracts execution to fit with the new digital music age and real-time commerce? Well, today we can, and the technology is known as smart contracts. Record labels would be able to yank their music off U.S. radio airwaves under federal legislation introduced on Wednesday.Instrumental intros that averaged more than 20 seconds in the mid-80s are now only around five seconds long, a study from Ohio State University found.Money from services such as Spotify, Apple Music and Pandora now make up almost 52 percent of industry revenue, according to the Recording Industry Association of America.While I left digital music on a full time basis in 2004, I’ve been keeping tabs via investments and other means. The recent Gizmodo article stack ranking the viability of various streaming services…Compared to songs from the mid-1980s, the tempo of music today is faster and instrumental introductions are shorter, according to a new study....The allure of attending a live concert has always been the fact that you can get up close and personal with the band and their music. You are a fan, and that immersive live-music experience far overshadows listening to digital download or album from your favorite artist.PreviousNext