As you may or may not know, Apple has been discussing quietly with some major music label companies such as Universal Music Group, Warner Music Group Corp and Sony Corporation about starting an agreement about a streaming service. A service is intended to launch soon, some say, within the first three months of 2013.
This news actually led to US giants in streaming such as Pandora and Spotify, to drop down in stocks, and I can see why that is. Pandora and Spotify have been around for years now, and personally, I am really disappointed that they actually haven't spread out to Canada yet. I personally use Rdio right now for my streaming needs because it's the only one around in Canada.
I actually think Apple starting out with a streaming service will be awesome, and I really do think that it will expand over the years. If they can figure out a way to make it affordable and for it to work with iTunes, I think that they can really have some success with this new project.
Links to check out:
Pandora's Stocks
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