Word: musication
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...Spotify helps streaming catch on and music fans get used to the idea that they can listen to any song they want whenever and wherever they want, what will happen to music ownership? Why bother clogging up your disk space when every track you can think of is just a few clicks away...
Spotify's Butcher thinks there's plenty of room for both streaming and downloading in music lovers' lives. "People like to consume music in a variety of different ways," he says, pointing to the enduring popularity of vinyl as proof. "Some music fans will continue to prefer ownership of their music, while others will be happy with access to millions of tracks." Whether you'll soon be able to do both on your iPhone all depends on how Apple reacts to this latest killer...
...Boston University graduate student charged with illegal file-sharing has been ordered in federal court to pay $675,000 in damages to four large recording companies, marking another victory for the music industry in only the second such case to go to trial...
...statement, the Recording Industry Association of America, a national trade group that organized litigation against peer-to-peer file-sharing from 2003 to 2008, lauded the outcome of the trial as a "recognition of the impact of illegal downloading" on the music industry...
...appreciate that Mr. Tenenbaum finally acknowledged that artists and music companies deserve to be paid for their work," the statement read. "We only wish he had done so sooner rather than lie about his illegal behavior...