First published on http://www.opposingviews.com
Yet the reality of the new music industry is undeniable. Nielsen reports that more than 118 billion songs were streamed in 2013, 32 percent more than in 2012 and the equivalent of 59 million album sales. If there is any money to be made from music, streaming services are, at least for now, the way to go. In terms of content creation, if users are threatened by YouTube’s new service, they’ll undoubtedly find some place else to continue making and sharing music.