Internet Radio Thriving, Putting Pressure On Other Music Formats
Over half of all internet users choose to listen to music using internet radio or on-demand music services these days. This is according to the "Music Acquisition Monitor," a report from the NPD Group that tracks the use of Pandora and other music services.
That 50 percent of internet users equates to about 96 million people who flock to music services such as Pandora, Last.fm, Slacker Radio, YouTube, VEVO, Rhapsody and other services. The report finds that in the past three months 37 percent of U.S. Internet users listened to music