Today has been full of good news for the music industry — we just heard that revenues grew for the first time since 1999, and now an NPD study claims that free streaming services are helping to reduce peer-to-peer music sharing. According to NPD's survey, the number of consumer using P2P services to download music dropped 17 percent in 2012 compared to the year prior. As of last year, NPD's data showed that 11 percent of internet users aged 13 or above used P2P services to download music, down significantly from the 2005 high of 20 percent.The driving force behind that decline is consumer shifting over to using streaming services that offer free options like Spotify, Rdio, or Pandora. NPD claims that nearly half of those who said they...
via The Verge - All Posts http://www.theverge.com/2013/2/26/4032510/peer-to-peer-music-sharing-dropped-17-percent-last-year
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