In this episode, we talk about How music streaming works. Part 1 discusses: The music streaming services are looking for ways to expand their customer base, develop their product, grow revenues, and find a sustainable long-term business model. The music industry is caught up in the middle of this activity!
Streaming has already changed the way the recording industry operates and the way in which we consume, share, and experience music globally.
So, how Does Music Streaming Work? Music streaming works in a very easy way: a streaming service delivers data to a streamer in small amounts so that the user can get pre-buffered music that has been pre-buffered a few minutes or even seconds before playing your favorite albums. Given the user has a solid internet connection, streaming technology provides an uninterrupted listening experience, without ever actually saving the files on to the user’s chosen device. This technology — and the streaming business overall — developed a response to the music piracy platforms from the ’90s.
History of the Music Streaming Market. It's 1999, and there’s a new exciting service on the web, getting traction amongst the college students. It allows to exchange data through peer-to-peer networks with ease, and since .mp3 files are so well-compressed, music becomes the primary content transferred through Napster. The concept of P2P music sharing is out in the open — and the attempts of the recording industry to shut down the pirate websites. As soon as a pirate service is shut down, new ones immediately take their place. LimeWire, BearShare, Shareaza, etc.
More on music streaming in part 2 of next week's episode! 

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(Podcast created by Peter Moore & BeX Gregory at Seamless Entertainment)
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