It sounds like Spotify has nothing to fear from Amazon’s music streaming service

[Guest Brad Reed]

Remember when some of us thought that Apple's iTunes Radio might be a significant competitor with Pandora when it was announced last year? Well, we were definitely laughably wrong about that but we do feel confident in saying that Amazon's new music streaming service won't pose much of a threat to Spotify. The New York Times reports that Amazon's new music streaming service will launch as soon as next week but it won't feature any new releases and it won't have any albums from the Universal Music Group, which just happens to be the world's largest music company.

 

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Via BRG - Boy Genius Report