Thursday, June 29, 2017

Online Music Business Models Still Trying To Gain Traction

As Spotify and Pandora struggle, Apple Music lowers its subscription prices

CUPERTINO, Calif. — Apple's latest move to corner the music streaming market came quietly but is expected to reverberate quickly. Earlier this month, Apple Music unveiled a $99 yearly subscription option, tucked deep in the Music settings inside the App Store. The subscription breaks down to $8.25 a month, nearly $1.75 cheaper than the standard $9.99…