Music Industry Grows Thanks To The Cloud

Music Industry Grows Thanks To The Cloud

It is widely known that when it comes to trying to solve the music piracy problem, the music industry closed the gate after the horse bolted. For years CDs and tapes (remember those?) were overpriced, and then re-released with one extra track. In my youth I spent my pocket money on music. A CD single was about £4.99 for one or two songs, and an album never less than £9.99 but usually £14.99- £19.99. Not small change then, especially for young people who were not always earning yet.

Not that it is any better now. The recession has knocked the stuffing out of people and businesses alike. Thankfully people are still going to concerts and there is another glimmer of hope thanks to the ever more amazing Cloud. The Cloud is a win-win for the music industry and the figures are backing this up: the global sales of the digital music industry have grown by 5.3%. Cloud services also grew by 4.6% between 2009-10.

The growth of cloud based music services is incredibly good news for the music industry as cloud music stops piracy because they only operate through licensed services. This means all of their music is copyrighted.

Even better for the consumer is that there is a free version of Spotify, one of the most popular cloud music services. As long as the consumer does not mind adverts they can listen to music to their hearts content. Although this depends in which country they are in.

Spotify may be the most popular cloud music service in Europe but it is not available in every European country (including Greece) and even if it was there is also a problem with licensing. Just because you can listen to a song in the United Kingdom does not mean you would be able to listen to it in Germany, as Spotify may not have a license for that song in certain countries. This may mean you cannot listen to your entire music collection in other countries.

Then there is another negative: splitting the revenue. Artists may not be getting a fair deal.

Helen Smith, Independent labels’ association Impala executive chair, said: “While new services such as digital music lockers are welcome developments which will help boost the online market, they also raise fundamental questions. Digital music lockers should be based on a simple licensing models and the monetisation of these services should deliver fair value to artists and labels.”

“This is essential to the development of new cloud-based services and also includes the need to ensure that services negotiate terms with Small and medium enterprises’ rights holders on similar terms and at the same time as with the major rights owners,”

By Catherine Balavage

FacebookTwitterLinkedInGoogle+Share

One Response to Music Industry Grows Thanks To The Cloud

  1. Cloud computing is rapidly touching industries that are starting to be lifeless because of technology unforeseen changes.  It’s really good to know that cloud is making the music industry grow and back to its success roots. 

Join Our Newsletter

Receive updates each week on news, tips, events, comics and much more...

Advertising Programs

Click To Find Out!

Sponsored Posts

Sponsored Posts

CloudTweaks has enjoyed a great relationship with many businesses, influencers and readers over the years, and it is one that we are interested in continuing. When we meet up with prospective clients, our intent is to establish a more solid relationship in which our clients invest in a campaign that consists of a number of

Popular

Top Viral Impact

2014 Future Of Cloud Computing Survey Results

2014 Future Of Cloud Computing Survey Results

Engine Yard Joins North Bridge Venture Partners, Gigaom Research and Industry Collaborators to Unveil 2014 Future of Cloud Computing Survey Results SAN FRANCISCO, CA–(Marketwired – Jun 25, 2014) – Engine Yard, the leading cloud application management platform, today announced its role as a collaborator in releasing the results of the fourth annual Future of Cloud Computing Survey,

Cloud Infographic – The Future Of Big Data

Cloud Infographic – The Future Of Big Data

Cloud Infographic – The Future Of Big Data Big Data is BIG business and will continue to be one of the more predominant areas of focus in the coming years from small startups to large scale corporations. We’ve already covered on CloudTweaks how Big Data can be utilized in a number of interesting ways from preventing world hunger to

Cloud Infographic: Cloud Computing Growth

Cloud Infographic: Cloud Computing Growth

An excellent infographic provided by AwesomeCloud which predicts a continued high level of growth in the cloud computing industry. Potentially staggering numbers for Public Cloud IT Services of $100 Billion by 2016. Infographic Source: AwesomeCloud About Latest Posts Catherine Latest posts by Catherine (see all) John Fox Interview: How Industry Professionals Use The Cloud – August 30, 2012

Can I Contribute To CloudTweaks?

Yes, much of our focus in 2015 will be on working with other influencers in a collaborative manner. If you're a technology influencer looking to collaborate long term with CloudTweaks – a globally recognized leader in cloud computing information – drop us an email with “tech influencer” in the subject line.

Please review the guidelines before applying.

Whitepapers

Top Research Assets

HP OpenStack® Technology Breaking the Enterprise Barrier

HP OpenStack® Technology Breaking the Enterprise Barrier

Explore how cloud computing is a solution to the problems facing data centers today and highlights the cutting-edge technology (including OpenStack cloud computing) that HP is bringing to the current stage. If you are a CTO, data center administrator, systems architect, or an IT professional looking for an enterprise-grade, hybrid delivery cloud computing solution that’s open,

Public Cloud Flexibility, Private Cloud Security

Public Cloud Flexibility, Private Cloud Security

Public Cloud Flexibility, Private Cloud Security Cloud applications are a priority for every business – the technology is flexible, easy-to-use, and offers compelling economic benefits to the enterprise. The challenge is that cloud applications increase the potential for corporate data to leak, raising compliance and security concerns for IT. A primary security concern facing organizations moving