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Youtube Businesses Music The Almighty Buck

More Are Paying To Stream Music, But YouTube Still Holds the Value Gap (theregister.co.uk) 43

An anonymous reader shares a report: With Google's user-generated content loophole firmly in lawmaker's sights, global music trade body IFPI has published new research looking at demand for music streaming. The research confirms YouTube's pre-eminence as the world's de facto jukebox. 46 percent of on-demand music streaming is from Google's video website. 75 percent of internet users use video streaming to hear music. The paid-for picture is bullish: 50 percent of internet users have paid for licensed music in the last six months, in one form or another, of which 53 per are 13- to 15-year-olds. Audio streaming is split between 39 percent who stream for free and 29 percent who pay. [...] So what's the problem? European policy makers have become convinced by the "value gap" argument: compensation doesn't reflect usage. Google finds itself with a unique advantage here, thanks to YouTube's "user-generated content" exception, as we explained last year.
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More Are Paying To Stream Music, But YouTube Still Holds the Value Gap

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  • You can either get the ad revenue from YouTube or nothing from when people go back to filesharing. Because 50% is already about 49% more than I'd have expected to pay for something as useless as the audio pollution you sell as music.

    Slaughtering the goose laying the golden eggs may well result in having nothing at all.

  • 50 percent of internet users have [...] of which 53 percent are 13- to 15-year-olds.

    26.5% of internet users are between 13 and 15 years old? That explains everything!

  • by Anonymous Coward

    What we have gotten from fear like this is censorship and the great firewall of the west. We don't need copy"right" and I'd argue the value of music, movies, and entertainment has long been over valued. You can't tell me that a song or bunch of songs is worth millions of dollars. Songs are literally worth little more than a dime a dozen. There is a reason that the industry "needs" copy"right". It really doesn't, but it thinks it does. What it needs are sound business models (which it has with or without cop

    • > ... socialism which doesn't work on a massive scale because we have too many poor people trying to get in ...

      The actual problem with Socialism is that eventually you run out of other people's money.

      i.e.
      You can only rob Peter to pay Paul for so long.

      --
      "To robbe Petyr & geve it Poule, it were non almesse but gret synne." -- Jacob's well: an English treatise on the cleansing of man's conscience, 1450

  • 53 per? I feel like there may be a certain symbol that could shorten that grouping of symbols even more, but I can't seem to remember which. it is.

  • That completely downplays the costs associated with filtering content. Youtubes ContentID system is far from perfect. It doesn't even hit 80% accuracy. Trying to auto-detect and ban ALL uploads of a single song is just ridiculously hard to do. And when I take a song like the beatles 'revolution' and layer it over my own unique video, basically making my own beatles music video, the resulting content should be considered 'fair use' since its a remixed work, the new work is my own. Music labels decry this as
  • Buy disks, rip, compress, keep it with you. (disks are super cheap on the used market these days)

    Streaming = Provide me bandwidth random store or eatery so that I may stream music into my head for your roof is metal and my phone signal does not penetrate well.

    Storing your own music = Hackers took down the ENTIRE INTERNET and cellular network? LOL I've got this.

    • Buy disks, rip, compress, keep it with you. (disks are super cheap on the used market these days)

      Which used markets are those? Certainly not e-bay or Amazon.

      • I used to hit used media stores like Hastings and FYE those stores seem to be going out of business. Half Price Books is still around and has a good selection. I've bought music at garage sales and thrift shops.

        There's at least 7 good ones here, I couldn't read all the titles due to the glare - Buy it Now price $15, free shipping, take the ones you don't like to Half Price Books or give them away otherwise. http://r.ebay.com/rUsgkB [ebay.com]

    • THIS.

      Used CDs are dirt cheap (not just used music stores, but Garage sales, etc). Plus you have the CDs as back up, you rip the tracks snas any DRM.

      You get to choose the play order, the songs in the list, no censorship, etc...AND no monthly fees. Plus you don't need cell signal or WiFi and don;t have to worry about connection speed from overuse of the bandwidth...

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