Pandora (NYSE: P) may have helped things along - after all, it was the first streaming radio service to gain mainstream attention. Other services offered similar options, but it wasn't until Spotify arrived that consumers finally embraced the idea of on-demand streaming. But they had yet to accept the idea of paying a monthly fee to stream music they could not actually own. At the time, music lovers had become very comfortable with the idea of downloading music - especially music that they could get for free from Napster. More than a decade ago, Rhapsody attempted to provide consumers with an all-you-can-eat streaming music service. Ranging from straight radio to full on-demand services, the streaming music business is one of the most overcrowded industries in the tech and entertainment spaces.ĭo consumers really need dozens of services to stream their favorite music? Isn't one enough? Read on to find out. Now it's time to tackle another area that has become bloated with too many options: streaming music.
Last fall, Benzinga wrote about the deluge of streaming video players.
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