According to the Telegraph, Microsoft is gearing up to launch a music streaming service later this summer, in what is becoming an increasingly competitive space. Here’s the statement quoted in the article:
Peter Bale, executive producer of MSN, Microsoft’s news and entertainment portal, told The Telegraph exclusively: ““Music is an important area for Microsoft. We are looking at launching a music streaming service imminently. It will be a similar principle to Spotify but we are still examining how the business model will work.Ã¢â‚¬Â
I’m guessing the recent settlement with Pandora and Internet Radio stations might have opened up the window for this to be given the greenlight.
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