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Sunday, April 14, 2013
Apple Update:
"TechCrunch and The Verge are reporting that Apple is near a deal with Universal Music to provide a streaming 'iRadio' music service.
'Apple is expected to launch a web radio service similar to Pandora's
later this year, provided that executives there can strike an agreement
with Sony Music Entertainment as well as music publishers. Talks with
Sony, which operates the third label, Sony Music Entertainment and Sony /
ATV, the music publishing company jointly run with the estate of the
late singer Michael Jackson, are said to not be as far along towards
reaching a deal. ... As for the financial terms, Apple will not receive
the steep discounts it had sought for the labels' music.' Apple's 400
million active iTunes accounts could give even Pandora, with its 200 million users,
something to worry about. 'For startups and streaming music companies,
this means looking closely at the competitive advantages offered by
their own platforms and decided how best to position their own services.
A key advantage, and one that will likely get emphasized by virtually
everyone challenged by an iRadio, is cross-platform compatibility. Apple
will likely be able to offer something along those lines through iTunes
on Windows, but for the most part it'll be a strictly iOS/Mac affair.
That, combined with personalization and recommendation engines, along
with other value add features, will be the way to combat an iTunes
streaming service, but no matter what, an Apple product will change the
face of this market
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