The future of the digital music business is still uncertain . Taylor Swift recently pulled out of streaming service Tidal, which had been a major source for her income, and Spotify has struggled to gain traction in its battle with Apple over control of the music industry. `` We want to go to a billion monthly listeners , and welcoming major labels is a key point of the journey there . '' Next Big Sound uses social data to predict future hits . `` Streaming is the way of the future , '' says Soundcloud co-founder .
The future of the digital music business is still uncertain . Taylor Swift recently pulled out of streaming service Tidal, which had been a major source for her income, and Spotify has struggled to gain traction in its battle with Apple over control of the music industry. Next Big Sound uses social data to predict future hits . `` Streaming is the way of the future , '' says Soundcloud co-founder .