Taylor Swift recently made a lot of headlines for pulling all her music from Spotify, arguing that the streaming service was hurting album sales and essentially driving her into bankruptcy, killing the rest of the music industry, and clubbing a few seals just for the heck of it. It’s a laughable argument, see as how Swift is one of the most commercially successful musicians out there. No amount of streaming can put a dent in her album sales or profits, and whining that it does only makes her sound greedy and elitist. (It should also be noted her music still remains on other sites like Rdio, which further deflates her reasoning.) Spotify, for its part, issued a rebuttal, naturally picking and choosing which statistics would make it sound the best. They may have paid out $2 billion in royalties, but many artists will rightly point out that they still earn far less from streaming than from album sales.
There are plenty of people who have very vocal opinions on both sides of the issue, and I’m certainly no expert when it comes to the music industry. But while I can’t speak for the artists or the streaming services, I can speak for myself as a consumer. And from my standpoint, it appears Spotify, Rdio, Pandora, and the rest offer way more pros than cons for consumers and for the music industry in general.