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June 7, 2015

Sony Music chief says Apple’s streaming service arrives ‘tomorrow’

by John_A

Apple iPhone 5c and some Beats headphones

In case there was any doubt that Apple is unveiling its self-branded streaming music service at the Worldwide Developer Conference this week, one loose-lipped executive just let the cat out of the bag. Sony Music CEO Doug Morris told guests at the Midem Music Industry Festival that Apple’s announcement of the Beats-based service is “happening tomorrow” (that is, at the WWDC keynote). He didn’t confirm any rumors surrounding features or pricing, but he believed that Apple’s offering would represent a “tipping point” where streaming hits the mainstream. However popular Spotify may be, it generally doesn’t advertise because it’s “never been profitable,” Morris said — Apple has both the cash to market its service and hundreds of millions of potential subscribers. Whether the exec is realistic or looking through rose-tinted glasses, you’ll know the truth in a matter of hours.

[Image credit: Adam Berry/Getty Images for Apple]

Filed under: Home Entertainment, Internet, HD, Apple, Sony

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Via: Recode

Source: VentureBeat

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