Subscribers

Music streaming tipped to hit new markets

Growth areas will include China, India and Indonesia, where streaming could catch on with the middle class

New York

STREAMING has rapidly transformed pop music's landscape but even more dramatic changes could be in store as companies eye the vast, barely touched markets of the developing world.

Spotify and its rivals were among the biggest music headlines in 2014 as streaming services quickly pick up new customers and also face intense criticism - most famously from pop star Taylor Swift, who was the year's top artist on the US charts.

Swift and other detractors accuse the services - which allow customers to listen to as much music as they want at the touch of a phone or computer - of poorly compensating artists and hastening the death of the album.

But the debate may soon change markedly as streaming...

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes