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Universal, Sony BMG and Warner Music Launching iTunes Killer

Fri, Oct 12, 2007

Industry News, New Products

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Three of the biggest names in entertainment are planning an online music service so massive it will post the most serious threat yeat to Apple’s iTunes Store. Universal, Warner Music and Sony BMG aren’t only going to beat iTunes with size, they also have a unique business model in mind. Subscription to the music service would require customers to sign up from a manufacturer of their choice, whether you’ve bought a SanDisk, Creative, Archos branded PMP and pay a monthly - right now this is estimatd to be as little as $5 with unlimited downloads. Universal has already rejected a deal with Apple to sell music via iTunes. The srvice is set to be available towards the end of 2008. Compared with another iTunes rival care of Nokia, the Universal, Sony, Warner partnership warrant a more serious consideration from Apple.

[via tech.co.uk]

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