Digital music is transforming the music industry and is rapidly picking up speed. More people are using streaming services and there are rumors that Apple is creating their own service. Jimmy Iovine and Beats By Dr. Dre are developing the Daisy project, a new music streaming subscription service that will “bring an emotional connection back to the act of music discovery.” On Music Think Tank, Bobby Owsinski shares his thoughts on the new era of the music business. What do you think the music industry will be like in the next couple of years?
“With Spotify leading the way thanks to reams of publicity, more and more consumers are finding that the joy of renting music beats owning it by a long shot.”