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Interest Grows in Music-for-Rent

Subscriptions may be the wave of the future

By Laila Weir,  Newser User

Posted Dec 7, 2007 2:32 PM CST
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(Newser) – After years of the iTunes model dominating digital music sales, the time for subscription music services could be near. So far, fewer than 3 million Americans have signed up for such services. But as customizable online radio stations and social networks where users sample and recommend music grow in popularity, the public may be ready for the subscription model, reports BusinessWeek.

Ever more companies are banking on that. Microsoft's Zune player offers music subscriptions, Verizon will offer the Rhapsody subscription service on some cell phones and a Universal Music-backed plan would build the cost of a subscription into the prices of devices or cellular plans. Still, BusinessWeek predicts such services won't become mainstream until Apple jumps on the bandwagon.

A screencapture from the Rhapsody music service, which currently leads in the subscription music field.
A screencapture from the Rhapsody music service, which currently leads in the subscription music field.   (Wikimedia Commons)
As the technology, marketing and demand begin to align, some are predicting a prominent rise for subscription based music services.
As the technology, marketing and demand begin to align, some are predicting a prominent rise for subscription based music services.   (Shutterstock.com)
Apple CEO Steve Jobs, seen here in this file photo, has long maintained that users want to own their music, but some industry insiders are predicting a new market for a new way of listening. (AP Photo/Markus Schreiber)
Apple CEO Steve Jobs, seen here in this file photo, has long maintained that users want to own their music, but some industry insiders are predicting a new market for a new way of listening. (AP Photo/Markus...   (Associated Press)
A screen capture from the homepage of the Pandora music service which provides streaming audio and user created stations.
A screen capture from the homepage of the Pandora music service which provides streaming audio and user created stations.   (Wikimedia Commons)
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Related reading

A comparison of subscription music services
TechCrunch

 
music industry • web radio • digital music • subscription music • Rhapsody

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