The Cheapskate’s Guide to Music Streaming

When Apple launched the iTunes Music Store in 2003, it decreed that every song would cost just 99 cents.

That was a striking level of uniformity to apply to an industry that has often offered its product at varying prices based on the star power of an artist, the whims of retailers, and the general willingness of consumers to pay up. The average price of an album (in 2015 dollars) fell from $24.45 in 1974 to $11.97 in 2014, according to an analysis by Pitchfork.The single-track download is dying, but the format replacing it has found its own standardized price: $9.99 per month.

Over the years, music streaming services have settled on a Hamilton per month as the appropriate price for streaming millions of songs on demand and having the ability to listen to them offline.

Read Article: The Ringer

Respond to The Cheapskate’s Guide to Music Streaming

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s