Top music streaming searches:
- Internet radio station
- Streaming classical music
- Online streaming
- Mobile streaming music
- Internet music
- Myspace music videos
- Legal music downloads
There are new players appearing all the time but currently some of the leading providers are Spotify, We7, Myspace Music and Last.fm. These sites all provide free tracks to music lovers and have huge online libraries of music that you can choose from while browsing. Spotify has over seven million songs with more added daily. So how do they make money?
Some, like We7, rely on selling adverts of between three to seven seconds in length. They are played before each song but this still doesn't make the companies much money and many struggle to break even. If you want to listen without the adverts you can pay a monthly fee of £9.99 known as Spotify premium. There is a waiting list to get the free version of Spotify. If you want to get access you are best getting an invite from a friend, that way you can dodge the waiting list.
Myspace music and Last.fm don't play adverts but do display them on their web pages while you listen. Again, you will need to join with some basic details but it's free.
The good news for the artists is that they do get paid. They will gain revenue via a set price for downloads, a payment for streamed tracks or a percentage of the subscription fee. That way you get to enjoy your music for nothing but without a guilty conscience. Although many of the companies do not make a lot of cash they view this as the future of the industry and hope in time revenues will improve.