LESS DOWNLOADING, MORE STREAMING

free-music-trendsNow don’t jump the gun just yet. This by no means is saying that downloading is dead, but rather, people are finding ways of little or no monetary sacrifice to listen to any music they come across. Services like Pandora, Last.fm and Blip.fm, along with the mobile ease of iPhones and Blackberries, are making it increasingly idiotic to be scouring the internet all day like yours truly looking for that new new. One thing that it doesn’t incorporate, however, is the up-and-coming factor - those acts who may not have their music available on streaming applications or may find it financially difficult to do so. More info after the jump.
via PSFK.com:

Two interesting data points have popped up that are pointing towards a radical change in music acquisition and listening habits.

Crunch Gear has presented the idea that actual music ownership is headed for obsolescence. They argue that with the advent of ubiquitous, always-on fast internet and robust streaming music services, the need for having local copies of songs will become a thing of the past. Why have to pay for and store gigabytes of audio files when for a low monthly fee, you could (theoretically) have streaming access to all the world’s music at your fingertips?

As far-fetched as it sounds, this could easily be a plausible future scenario. Non-local,  cloud based computing is becoming more of an everyday tool for many, and trusting the cloud to handle all your music needs does make sense. This is still probably a few years off though. As seen by ATT&T’s sluggish network congestion at SXSW, the current system is not quite ready to handle everyone streaming music at the same time. Or for that matter, what happens when your stream unexpectedly goes down?

Along these same lines, MusicThinkTank points out that internet searches for “Free Music, Free MP3s and File Sharing” have gone down (as seen in the graph above), and they predict this indicates file sharing is on the way out.

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Monday, March 23rd, 2009 CELLPHONES, ECONOMICS, TECHNOLOGY, VANGUARD Tags: ,

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