Web radio growing faster than on-demand services (study)
Music listening patterns continue to evolve and not just from analog to digital but from downloads to streaming, according to findings from Internet research firm, NPD.
For the quarter ending in June, the audience for Internet radio services in the United States, which include companies such as Pandora Media, grew 27 percent from the same period a year earlier, NPD reported. In comparison, on-demand services such as Spotify, YouTube and Rhapsody, grew 18 percent over the same period.
Web radio stands to be an important money maker and it's not hard to figure out why the music sector and … Read more