Meet the Newest Piracy Threat Facing The Musc Biz
Piratebay isn't the only source of music piracy. Greg Moskovitch of Tonedeaf tells us about another unsettling form of piracy that continues to grow in popularity.This article originally appeared on Tone Deaf
It took a while to get there and it’s a relationship that’s still fraught with arguments and accusations of infidelity, but the music industry has finally come around to streaming, viewing it as the only viable future for music monetisation.
One of the biggest boons of streaming is the fact that it provides a convenient way for consumers to access all the music they could possibly want, which should hopefully act as a piracy deterrent. And the evidence suggests this is true.
After all, what’s easier? Tracking down and downloading album after album and song after song or simply signing up for Spotify?
But it looks as though the industry may have spoken too soon, because it’s in the midst of a battle with the new face of piracy and it’s called stream ripping. Before you ask: yes, it’s exactly what it sounds like – ripping songs from their streams.
According to the Australian Financial Review, almost half of 16-to-24-year-olds now use stream ripping software to illegally copy music from streams. The practice has actually supplanted illegal file-sharing as the most popular form of piracy.
The stream can come from almost any platform, whether on Apple Music, Spotify, or even YouTube. The stream ripping software then converts the stream into a permanent download. This is most often done with YouTube, since music on the site can be accessed for free.
What’s most worrying, particularly for labels and artists who were only recently finally able to breathe a sigh of relief, is that stream ripping is growing. According to figures from the IFPI, stream ripping use has jumped eight percent in the last 12 months.