Which of the following represents the most significant shift in music industry economics caused by streaming platforms?

The music industry has undergone dramatic transformations with the rise of streaming platforms. This trivia question explores how streaming has reshaped revenue models, artist compensation, and consumer behavior in the music business. Test your knowledge about one of the most significant product innovations that has disrupted traditional music distribution channels and changed how we value music as both consumers and industry professionals.

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The transition from ownership-based revenue (album sales) to access-based revenue (subscription & ad-supported streaming)
The elimination of record labels as key industry stakeholders
The complete replacement of physical media with digital downloads
The shift from passive music consumption to exclusively algorithm-curated playlists