You will need to research the streaming music industry-
When did this start?
1994
Who are the major players?
What is the appeal?
You are able to listen to a libraray of songs straight to your phone or desktop, free of charge, if you are able to put up with ads. As well as a small fee to listen for a unlimited amount of time without ads. This is a lot cheaper than buying each album to enjoy a few singles, as you don't have to pay to listen to a full album. You can listen to individual songs.
What effect do you think this will have on the music industry in the future?
Artists can receive as little as $0.0022 when their song is streamed online, which means they would have to have their songs played 849, 817 times per month to earn the US monthly minimun wage. Through Spotify, a musician would have to have 4, 053, 110 plays to earn min wage, earning $0.00029 per play.
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