If You're in Sweden, You Like Streaming Over Downloading. Will the Rest of the World Follow?
Sweden--the birthplace of both Spotify and The Pirate Bay--has become the world capital when it comes to streaming music services. From TheLocal.se:
Legal downloading sites like Apple's iTunes Store were once thought to be a panacea for the global music industry, providing an alternative to illegal download sites like Sweden's Pirate Bay.
But if the high-tech Scandinavian nation is anything to go by, music downloads could soon be as obsolete as CDs or vinyl records.
iTunes' success has been modest here, with the vast majority of consumers preferring to stream songs rather than owning them on a hard drive.
Last year, 2012, was the best year for music sales in Sweden since 2005, with 63 percent of revenue coming from digital sources, according to data from the Swedish Recording Industry Association (GLF). Out of that, 90 percent came from streaming services.
This could be the way the rest of the world is headed. Read more here.





















Sunday, March 10, 2013 at 7:12PM

