Pandora Plays Differentiated Defense
Dominant online music streaming service Pandora recently announced a new "Pandora Premieres" station, which promises to allow users to listen to new albums before they go on sale. That includes both paying subscribers and ad-supported (free) users.
The move could be a possible defensive play at differentiating Pandora's service, seeing as how Google just launched its own Play Music All Access streaming service. Furthermore, Apple is also expected to jump in with some type of "iRadio" service once it gets the licensing deals worked out with record labels.
In the video below, Fool contributor Evan Niu, CFA, talks about how much danger Pandora is in.
Five enter, one leaves
It's incredible to think just how much of our digital and technological lives are almost entirely shaped and molded by just a handful of companies. Find out "Who Will Win the War Between the 5 Biggest Tech Stocks?" in The Motley Fool's latest free report, which details the knock-down, drag-out battle being waged by the five kings of tech. Click here to keep reading.
The article Pandora Plays Differentiated Defense originally appeared on Fool.com.Fool contributor Evan Niu, CFA, owns shares of Apple. The Motley Fool recommends Apple and Google. The Motley Fool owns shares of Apple and Google. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.