What is the impact of streaming on the music industry?

What is the impact of streaming on the music industry?

Streaming has revolutionized how we consume music, leading to increased accessibility but also challenges for artists.

How has streaming affected music sales?

Music sales have declined in physical formats, but streaming has increased overall consumption, changing revenue models.

Are artists making less money now?

Many artists earn less per stream compared to traditional sales, leading to a reliance on live performances and merchandise.

What about independent artists?

Independent artists can benefit from streaming platforms by reaching wider audiences, but they still face financial challenges.

Is streaming here to stay?

Yes, streaming is likely to remain dominant due to its convenience and the evolving music consumption habits.