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Amazon to stream music - report

Date:
May 30, 2014
Source:
Reuters - Business Video Online / Powered by NewsLook.com
Summary:
Amazon plans to launch a streaming music service, reports BuzzFeed. But it won't be a Pandora killer. Fred Katayama reports. Video provided by Reuters


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last updated on 2014-07-28 at 8:16 pm EDT

Will Google Buy Spotify to Add Streaming Music Service to Portfolio?

Will Google Buy Spotify to Add Streaming Music Service to Portfolio?

TheStreet (June 5, 2014) — Google is in the market for a streaming music service, according to a report by the New York Post. While Apple has scooped up Beats and Amazon is reportedly planning on adding music streaming to Prime, the report says Google has been surveying the landscape and exploring how to offer a similar service. It cites a source who says Google has been having discussions with banks about its future music strategy. While the report prompts speculation that Google could attempt to scoop up Spotify, it cites concerns that the company, with a $4 billion valuation and 10 million paying customers, could grow too big. Video provided by TheStreet
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Sony, Universal Face Probe for Possible Collusion Against Pandora

Sony, Universal Face Probe for Possible Collusion Against Pandora

TheStreet (July 15, 2014) — The U.S. Department of Justice is reportedly investigating possible pricing coordination by Sony's Sony/ATV Music Publishing and Vivendi's Universal Music Publishing. The Justice Department has also requested documents from music licensing organizations, the American Society of Composers, Authors and Publishers and Broadcast Music, according to The Wall Street Journal. The Journal said the Justice Department is investigating Sony and Universal's efforts to withdraw their rights from the organizations' licensing agreements with Internet radio company Pandora. A U.S. District Judge found earlier this year that Sony and Universal coordinated with ASCAP to drive Pandora's licensing rates higher. TheStreet's Brittany Umar has details from New York. Video provided by TheStreet
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Amazon Tips Off Investors to Tilt-Friendly Smartphone

Amazon Tips Off Investors to Tilt-Friendly Smartphone

TheStreet (June 5, 2014) — Amazon announced it will launch a new product on June 18th in Seattle. The online retail giant teased the market with a Twitter photo of a shiny black device with the Amazon logo. A launch video shows mostly young white consumers swaying with the off-screen product and appearing very impressed with the device. If you answer the invite as a developer, the invitation asks questions about experience with gyroscopes and accelerometers. Many expect the smart phone to be tilt-friendly and move with the user, as opposed to relying on finger swiping motions. Amazon isn't expected to try to make a profit on the new product. Video provided by TheStreet
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Amazon to Fight FTC Over Charges of Unauthorized App Purchases

Amazon to Fight FTC Over Charges of Unauthorized App Purchases

TheStreet (July 3, 2014) — Amazon said it was prepared to take the Federal Trade Commission to court in defense of allegations it had failed to prevent unauthorized transactions by children on its tablets. Amazon said it would fight any U.S. regulator fines levied against it on those charges, countering that its parental controls are already far stricter than those the FTC requires. For instance, Amazon's Kindle has settings whereby parents can limit the time children spend on devices. PINs can also be assigned to authorize in-app purchases. The FTC imposed a $32.5 million fine on Apple earlier this year on similar charges. Video provided by TheStreet
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