Tuesday, July 28, 2009

Streaming services may soothe the music industry - NYTimes.com

LIKE many teenagers, Josh Wilson, the 13-year-old son of the New York venture capitalist Fred Wilson, has on occasion visited the Internet’s peer-to-peer file-sharing services to download music and television shows.

But recently, as Mr. Wilson recounted last week on his popular blog, A VC, Josh has started streaming television shows from Netflix under the family’s $24-a-month subscription plan and listening to licensed, ad-supported music videos from YouTube on his iPhone. Asked by his father why he was not using file-sharing services like BitTorrent to download shows like “Friday Night Lights,” Josh replied, “BitTorrent takes too long...”