An anonymous reader shares a report: With Google’s user-generated content loophole firmly in lawmaker’s sights, global music trade body IFPI has published new research looking at demand for music streaming. The research confirms YouTube’s pre-eminence as the world’s de facto jukebox. 46 percent of on-demand music streaming is from Google’s video website. 75 percent of internet users use video streaming to hear music. The paid-for picture is bullish: 50 percent of internet users have paid for licensed music in the last six months, in one form or another, of which 53 per are 13- to 15-year-olds. Audio streaming is split between 39 percent who stream for free and 29 percent who pay. […] So what’s the problem? European policy makers have become convinced by the “value gap” argument: compensation doesn’t reflect usage. Google finds itself with a unique advantage here, thanks to YouTube’s “user-generated content” exception, as we explained last year.

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Source: Slashdot – More Are Paying To Stream Music, But YouTube Still Holds the Value Gap