Stream-ripping threatens music industry, as companies struggle to make streaming profitable – annotated infographics
As if a beleaguered music industry didn’t already have enough to contend with, the rise of streaming services like Spotify, Apple Music, Google Play Music, Pandora, Deezer and Tidal – yes! even Tidal! – have changed the way many people listen to music. It has also brought about a new form of piracy, known as “stream ripping”.
This new type of copyright infringement has overtaken conventional music download piracy.
Click on the graphic for an expanded view.
It’s not all days of wine and roses at the streaming companies, either. Spotify is the most successful streaming music service in the world and streaming is the music industry’s fastest-growing revenue source, yet none of the popular services has yet turned a profit.
Spotify has reportedly been in talks to acquire SoundCloud for some months now, but still no decisive action.