2012 will be the year that music streaming convinces everyone it’s here to stay. There’s no going back now. Youtube is already the biggest music platform in the world and while iTunes will continue to assert its dominance in the download store arena, even Apple have conceded that streaming is here with the launch of iCloud and iMatch, two services that stream and share content to different devices. Elsewhere we have Amazon and Google with their own cloud-based streaming music projects, Netflix launching a badly-needed streaming movies and TV platform in Ireland any time now and Deezer, the latest streaming music service on the block, hit over 130 countries including Ireland last month and offers multi-device and mobile access to a claimed 13 million songs.
As ambitious as Deezer’s plans are, we’ve seen companies in the past year fall at the licensing hurdle. We7 launched last January with a similar offering and before the end of 2011 had shifted focus from a massive streaming music library to recommendation-based internet radio. No doubt that decision was informed by lower license fees for internet radio compared to on-demand streams.
Spotify is still the best hope for a major platform breakthrough worldwide. Its agreements with major labels bring with them lower license fees that allow them to expand, but not everyone is happy – independent labels have been pulling out of the service in protest at the small revenue payments offered in recent months.
Perhaps the most important thing for new services gaining ground this year will be Facebook’s Open Graph. You used to wear your favourite band t-shirt so the world knew your individual music tastes. No longer Sonny Jim! Zuckerberg’s company is already putting the songs you’re listening to on almost all of the above services right into your Facebook news stream, right in front of your friends’ eyes so maybe he holds all of the access keys to popularity already.