Streaming Concerts: Will This Time Be Different?
Even if you’re not Jimmy Iovine or Dr. Dre, chances are streamed music is becoming part of your life. Streaming services such as Spotify, Rdio and Pandora are becoming a critical part of music payouts, with a 51-percent increase in revenue from subscription services reported in 2013, through which revenues exceeded $1 billion for the first time, the International Federation of the Phonographic Industry reported. About 28 million people around the world pay for access to them, up from eight million just three years earlier, according to The New York Times.
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