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iTunes Radio closes Pandora's box - Venture Insights

Report Overview

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iTunes Radio closes Pandora’s box

PublisherEnders Analysis.
Publish Date June 13, 2013
Sector Digital Media, Fixed Line (Internet and Voice), Music and Radio.
Company Apple.

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Apple’s iTunes will add free-to-the-user online and mobile radio to the platform in the autumn of 2013, meshing music purchase with enhanced tools for discovery.

iTunes Radio also meshes with Match, the cloud-based music storage and retrieval utility sold for $24.99/year, whose users will enjoy ad-free online and mobile radio.

The main casualty of iTunes Radio is likely to be #1 US internet station Pandora, which this week launched the next phase of its battle to win the better royalty terms of commercial radio.