Apple’s streaming radio service won’t win without on-demand play - Quartz. Apple announced a new streaming radio service today, but that doesn’t mean it’s about to drive its competitors out of the the digital music business.
It’s trying to adopt a business model it already helped kill. Apple’s new product promises to use its existing Genius music-recommendation software to create a free custom radio experience for users, tapping into the 26 million track iTunes catalog. That’s bad news for Pandora, the original online music radio station, which serves its own music library to users through a proprietary DJ algorithm, but without the advantages of Apple’s massive distribution infrastructure or cash trove.
Technology. Trade - Asia. Trade - CHINA. Trade (Int'l) Digital. Ads Reference. Trends.