Music Piracy Down As Streaming Services Take Over

So, it wasn't necessarily that people would no longer pay for music and that the record industry was dead, it was the reluctance of the industry to adapt to technological advancement as well as social behavior trends. Spotify, and to a lesser degree, Pandora, identified this trend and bridged the gap between piracy and the record labels. I wonder what Lars Ulrich from Metallica thinks...

Most Spotify users are free users, and would probably instantly switch back to pirating/YouTube if their free plan ever disappears or becomes too limiting.