Is Facebook about to enter the music streaming war?
by Samuel Gibbs from Technology | The Guardian on (#DT74)
Social network is reportedly investing in video streaming with an eye to launching a music service to take on Spotify, Apple, Google and Tidal
Rewind just a few short years. The music industry was sick, if not dying. Napster had started the decline, free music for all, albeit illegally. With shrinking revenues and costly licensing deals only Apple was really making any money by selling its breakthrough iPod music player.
Spin on to 2015 and everything has changed. Apple Music just launched to challenge Spotify in the streaming music market, and everyone, from Amazon's Prime Music to Jay Z's Tidal to Google's Play Music, is trying to get a slice of the resurgent market. Now could Facebook be attempting to join in too?
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