We’ve kind of been saying it all along… the future of music is a subscription-based service. Sure, go out and buy vinyl for your home collection. But when it comes to the sheer volume of music out there, paying a monthly fee to have access to practically all of it at your finger tips is a hard concept to beat for avid music fans. Seems like it should work for the musicians and labels, too. And, while many digital music services have shied away from this business model for a long while, it seems as though folks are rounding the bend towards the concept of what is essentially renting music. Obviously, a social networking aspect to this model is key. But, obviously, the big kink in the plan is licensing the music…

BBC News has an article up today that talks about the subscription-based model (among other things), with commentary from the founder of Hype Machine, Drowned in Sound, and Columbia Records UK and others.

Check out what they had to say after the jump.

A rather poignant quote from Sean Adams, Founder and Editor of Drowned in Sound:

“Instead of cutting people off the internet, I’d much rather they sent the worst offenders into studios for a week to do community service to understand exactly what goes into the process of making music.

“I don’t think for a second they’d consider not paying something towards the creation of that content.”

Really, think about it. And then go buy some music, okay?

Read the entire article at BBC News.