DSPs are a crucial part of an artist´s revenue influx, and it´s essential to know more about them. The same study also predicted that this market will be worth 100 million by 2030. Paid subscriptions have almost completely made CDs, Vinyls and MP3s obsolete. The global music streaming market is estimated to be worth almost 30 million USD, according to Acumen Research and Consulting. To learn more about what exactly are royalties, read our blog post here. Music artists earn money when they put their music on streaming services because of streaming royalties. Each person has their preferences on how they choose to listen to music. There is no such thing as a perfect service some of them may be better for the listener, for example, and some may bring more advantages for the artist. It’s important to note that each service has its ups and downs. The various options available make it essential to compare them – Deezer vs Spotify vs Apple Music and so on - and learn is more beneficial to you as a listener and/or artist. As physical forms of music such as CDs are becoming uncommon, DSPs tend to grow more and more. Digital Service Providers (DSPs) – or music streaming services – are the means by which people stream and download music that artists have uploaded.

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