Beats Music‘s new streaming service will launch January 2014, according to Techcrunch.com. The service also launched a name-claiming site that lets you claim a username early. The service was spun out of Beats Electronics and into its own company early this year, receiving a $60 million investment to bring the product to market. The core of the streaming service is formed by Beats $14 million acquisition of digital music company MOG last year.
The project is backed by some heavyweights in the music industry, including Beats Electronics founders Jimmy Iovine and Dr. Dre, along with Chief Creative Officer Trent Reznor.
The Santa Monica-based music service will face stiff competition from Rhapsody, Spotify, Slacker, Muve Music, Rdio, and other offerings.
Category: Featured
About the Author
Hollabaugh, a staff writer at MusicRow magazine, has over 20 years of music business experience and has written for publications including American Profile, CMA Close Up, Nashville Arts And Entertainment, The Boot and Country Weekly. She has a Broadcast Journalism and Speech Communication degree from Texas Christian University, (go Horned Frogs), and welcomes your feedback or story ideas at lhollabaugh@musicrow.com.View Author Profile
