It looks like the world is slowly--VERY slowly--warming to the idea of streaming music rather than downloading or ripping it.
Canadians are a little bit behind the curve because we haven't had access to the full menu of streaming services. We have Rdio, Slacker, Deezer and a few others but we're still shut out of Spotify, Pandora, MOG and a couple other big ones.
No matter. Our turn will come because the rest of the world is moving in that direction. If you're not into streaming yet, you will be eventually.
There's also some money to be made by labels and, presumably, by artists. All Things Digital reports that 25% of Warner Music Group's digital revenues came from fees/royalties earned through streaming. The actual number--$54 million--is small (it represents oly 8% of Warner's revenues) but given that we're still at the dawn of this new way of accessing music, it's actually pretty good.
Access over possession. It's coming. Might as well get ready for it. Read more here.