Spotify May Kill Pandora and iTunes, but Not Just Yet

Spotify may eventually make your iTunes and Pandora accounts obsolete, but don’t delete them just yet

Spotify's introduction of free streaming on-demand music to mobile devices, announced Wednesday, will not cause an overnight collapse of the major online music players, and may provide a short-term boost for services that still sell music. The more serious questions surround the long-term implications for a music industry already grappling with change.

Music lovers still buy musicSales of music on iTunes have not only weathered the storm of online music streaming, but benefitted from it. Even with the growth of streaming music, per-buyer spending on downloads rose 6% in 2012, according to NPD Group,market advisory service that tracks sales. Read more...