After a decade in which it seemed like illegal downloading had made it all but impossible for record companies to eke out a profit, recent years have seen things improve for the music industry. The rise of streaming services like Spotify have helped restore the major labels—now fused into three massive conglomerates—to their nineties-era wealth, with untold riches beckoning on the horizon. #

I think illegal downloading or Piracy is now going down. And yes music streaming companies helped a lot to make a profit to labels. But still piracy is an concern.