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Sony Music CEO Confirms Launch of Apple's Music Streaming Service
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."
I think apple is a little late to this. They tried apple radio a couple years ago and it didn't work. insider interviews confirmed that the point was not to get people to listen to the radio, but rather to convert people to buy the songs from itunes. this was patently transparent. At the time I started using pandora and paying $4 through the app store subscription. I have a dozen really cool stations that I have curated through dozens of thumbs up / thumbs down / song seeds. I would need to see something really compelling tomorrow if i'm to be convinced to try something else, let alone in addition.
Why would they remove Spotify?
They already carry Google Music in App Store, do we have more conspiracy theories while we're at it?