Wednesday Bits & Pieces: Apple’s New iTunes, Sony’s iTunes Rival & Amazon Enters the Fray
As predicted Steve Jobs did not announce a new cloud-based version of iTunes this morning, however the rumored social features were announced in the form of Ping. In the words of Jobs, it’s “Facebook and Twitter meet iTunes,” … “But it’s not Facebook, it’s not Twitter,” adding “it’s a social network all about music.” There is also a new logo that replaces the CD, which Jobs remarked as fitting, as he expects that by next Spring Apple’s music sales will surpass all CD sales in the United States… The update to iTunes 10 will be available today and will include Ping. If you missed the action this morning, head HERE to watch the keynote… In what cannot be coincidental timing, this morning Sony Corp announced Sony Qriocity (“curiosity,” get it), which is the company’s new subscription-based music and video streaming service, the backbone of which will be the Playstation 3 console. It’s expected to launch in the UK before the end of the year… And not to be left out of the race to streaming dominance, Amazon is reportedly gearing up to launch a service similar to Netflix, which will allow unlimited access to movies and TV shows for a monthly fee.
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