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The Clock Is Ticking For Spotify

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The Clock Is Ticking For Spotify

Postby sunnyd » Fri Feb 17, 2017 9:53 am

Story : http://www.bbc.com/news/business-38930699





It's amazing to think that just 10 years ago, flat-rate digital music streaming services were a mere gleam in the eye of industry executives.

It was as recently as September 2007 that Rick Rubin, then co-head of Columbia Records, put forward the idea as a way of combating online music piracy and file-sharing.

"You'd pay, say, $19.95 a month, and the music will come from anywhere you'd like," he told the New York Times.

"In this new world, there will be a virtual library that will be accessible from your car, from your cell phone, from your computer, from your television."







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