In search of infinite music: Streaming services and conflicts of interest in the digital content market
DOI:
https://doi.org/10.4013/fem.2015.173.04Abstract
This paper analyzes the streaming music services in order to understand how the conciliation of digital content’s new consumption practices affects the development of music industry agents’ business model. It is assumed that these new enterprises of the digital environment experience more intensely the conflicts between divergent interests, making it a privileged object of study on the current situation of the creative destruction of the music industry. By adopting a socioeconomic approach to communication and culture markets, we conducted an exploratory case study based on the description and subsequent analysis of user experience in these programs and the monetization strategies of musical consumption. Finally, it is considered that streaming services are under pressure from other music industry players to rethink their current business model, and we comment on the likely effects upon the organization of the music industry in the digital age.
Keywords: streaming services, music industry, new business models.
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