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Google Looking For Its Own Spotify, Beats Music Alternative

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Google Looking For Its Own Spotify, Beats Music Alternative

News James Peckham eleven:26, 6 Jun 2014

Google is getting a bit of inexperienced over Apple’s new buy and is in search of a brand new model

The celebration continues to be happening over at Apple and Beats Audio following the acquisition of the corporate Dre Dre and Jimmy Iovine constructed for a mammoth $three billion. It’s thought Apple paid all that cash for the Beats Music streaming service in addition to the first headphone enterprise.

As Apple has added a music streaming website to its roster, Google appears to be getting somewhat bit jealous. That’s based on sources who've spoken with the NY Post.

At present Google solely provides Google Play Music which does embrace it’s personal streaming service referred to as “All Access” nevertheless it hasn’t notably taken off like the corporate might have wished. Google Play additionally gives customers the prospect to purchase albums and singles individually, very similar to iTunes.

So the place will Google go for a music streaming website to match with Beats Music? It appears like Google needs to attempt to tempt the large canine Spotify. Spotify presently has 10 million subscribers, much more customers of the free service, and is valued at round $four billion.

Spotify is quickly to go public, sooner or later through the Autumn, and it’s going to value $553 a share. That’s solely predicted to go up and it’s unlikely Google will need to spend rather more than that on the streaming service. So primarily Google must act quick or it might want to discover an alternate.

However the place else might Google go? An alternative choice is Pandora which is already a public firm value $5.1 billion. It appears like Google is operating out of music streaming choices fairly shortly.

One factor is for positive, Google gained’t let Apple take all of the music streaming for itself, the large G needs a slice of that pie too.

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