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Sony Music CEO Confirms Launch of Apple's Music Streaming Service

Posted by samzenpus on from the coming-soon dept.

An anonymous reader writes: Sony Music CEO Doug Morris said in an interview that Apple will announce a new music streaming service tomorrow at its World Wide Developers Conference (WWDC). The new Apple Music service will include subscription streaming music features as well as a revamped iTunes Radio service. "What does Apple bring to this?" Morris said. "Well, they've got $178 billion in the bank. And they have 800 million credit cards in iTunes. Spotify has never really advertised because it's never been profitable. My guess is that Apple will promote this like crazy and I think that will have a halo effect on the streaming business. A rising tide will lift all boats," he added. "It's the beginning of an amazing moment for our industry."

7 of 86 comments (clear)

  1. Rising tide? by flogger · · Score: 1, Insightful

    I think he meant a tsunami which will wash everything else away.

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    1. Re:Rising tide? by markdavis · · Score: 4, Insightful

      Exactly.

      >"It's the beginning of an amazing moment for our industry"

      More like additional fuel to end the "owning" of anything. Streaming is great when you are connected, don't mind someone watching what you are doing, and don't care that you can be fed things you don't want.

      Look at the reaction to even the CONCEPT of Netflix having commercials...

  2. Walled Garden by GuldKalle · · Score: 3, Insightful

    So, seeing as they are becoming competitors, when will Spotify disappear from the Apple App Store?

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    What?
    1. Re:Walled Garden by jo_ham · · Score: 1, Insightful

      So, seeing as they are becoming competitors, when will Spotify disappear from the Apple App Store?

      Has Apple ever removed a major competitor's app from the store? After it was approved?

      No, but facts are a very pesky issue for Apple bashing so they're frequently ignored in favour of baseless speculation and fabrication.

  3. Re:Pandora by whoever57 · · Score: 4, Insightful

    Those people who already use something like Spotify or Pandora won't immediately switch, but I guess that Apple expects that there will be a very large number of people who have never used an Internet radio service that will sign up for Apple's service.

    Reducing friction in the sign-up process will certainly make a difference and I expect that Apple will make it easy to sign up.

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    The real "Libtards" are the Libertarians!
  4. Re:Sounds like paid PR... by ColdWetDog · · Score: 4, Insightful

    Actually, pretty much anything that Slashdot pans seems to make it big.

    The iPod, Windows, Bill Gates, the iPhone, the iPad, the iWatch.

    We like Nokia, Blackberry and god help us, Windows phone.

    There is a lesson here....

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    Faster! Faster! Faster would be better!
  5. Re:Fuck it, why not by Carewolf · · Score: 3, Insightful

    "It's the beginning of an amazing moment for our industry."

    I'd appreciate if someone would pull the CEO of Sony out from under his rock and let him know it's the year 2015.

    You've got to be fucking kidding me with this. As if no one has ever heard of a streaming music service before.

    On a related note (ba dum tiss), must be fun to be a board member for Apple. Fuck it, why not has become the financial motto, especially when identifying cash-on-hand as the justification here.

    Considering their cash on hand, they actually seem surprisingly reluctant with new ideas.