Most People Still Want to Own Their Music

Digital Music News:

Yes, still: According to a study just concluded by eMusic, music fans overwhelmingly prefer ownership over streaming, by a drastic margin. That is, 92% prefer ownership of music over any other method, with unlimited playback and security of collections cited as top reasons.

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Also encouraging for the likes of Spotify, MOG, and Rdio: modest amount in both camps (14% and 15%, respectively) indicated that they would pay for streaming access in the future.  But more than 40% expressed interest in cloud-based storage of the music they own, a nice nod to incoming giants like Amazon, Google, and Apple.

Still think it’s a mistake for Apple to not be going after streaming music memberships? This seems to indicate that iTunes Match is the right direction, at least for now.

For myself, I still buy CDs. I get the physical media, a higher quality, and I can rip it for my digital collection—in lossless.

I also wonder what this portends for streaming services like Netflix and if the numbers are any better for movies.