There appeared to be an overabundance of digital music streaming services before Apple’s iTunes Radio became a reality last week, so it stands to reason that a shakeout—if it wasn’t already on the horizon—could now be only a matter of ti
As the race to be the leader in the digital music streaming industry intensifies, even headphone manufacturers are getting in on the action. On Monday, Beats Electronics announced the acquisition of Mog, a digital music competitor to sites like Spotify and Rdio for an undisclosed amount.
In late September, Spotify CEO Daniel Ek was the first guest Mark Zuckerberg introduced on stage during his keynote speech at the f8 developer conference, which introduced the network’s new media consumption features.
Terrestrial radio isn’t going anywhere, according, unsurprisingly, to terrestrial radio execs. Even with the explosion of digital streaming services like Spotify, Pandora, and MOG, representives from Clear Channel, Emmis Radio, and the Radio Advertising Bureau made the case for the continued viability of their businesses in an Advertising Week panel at the Times Center in New York.
Just when iTunes had taught (some of) the world to pay for music with restricted playback rights, Facebook had to go and ruin it.