Huffington Post/ Reuters
Samsung Electronics, which has vaulted the value chain on the strength of its hardware, will go out and buy mobile content providers, a senior executive told Reuters, to compete with Apple, Google and Amazon.com in a global digital music market worth nearly $9 billion.
Samsung has finally confirmed that it is poised to step into the digital content market, its sights set firmly on territory held by American tech firms. A senior VP from the Korean electronics giant has confirmed it, saying that the message has come from his bosses - beware Apple, Amazon and Google, and prepare for content Gangnam style.
CBR Communications Mobility
To compete with Apple, Google and Amazon.com
South Korea based Samsung Electronics is planning to acquire several mobile content providers, in a bid to compete in global digital music market with Apple, Google and Amazon.com.
The writing has been on the wall ever since Samsung's acquisition of mSpot, but the Korean firm today confirmed to Reuters that it plans to join the ranks of Apple, Google and Amazon in the world of digital content distribution.
USA TODAY via The Associated Press
Samsung has launched its Music Hub service in the U.S. It's an effort to capture some of the buzz around Spotify with a feature that combines a cloud music locker, unlimited song streaming, a radio player and a music store.
Boy Genius Report
I have been using Samsung’s Music Hub service for more than a week now and I must say, I’m impressed. Because Music Hub tries to be everything to everyone, it takes some time to get used to compared to a service like Pandora, which has a much sharper focus. Once I learned my way around the UI, however, the service was a pleasure to use.
Music Hub essentially takes three disparate types of music service and combines them into one app, which means you'll have a music matching and locker service, a music subscription service, and finally a Pandora-style radio service.
Built upon the mSpot tech it acquired this past May, the company's freemium service combines the best of both worlds, offering non-paying users access to a digital storefront loaded up with millions of tracks from all four major labels (and some indies, too), a web-based player, as well as the ability to store purchased music remotely and offline for "registered devices."
Samsung today unveiled Music Hub, an all-encompassing music service that will run $9.99 per month and debut on the Galaxy S III.
Music Hub will still act as your typical online music store, letting you purchase and download tracks just like you would from iTunes or Amazon. But now there's a Spotify-like option (powered by mSpot's technology) that lets you stream music and listen to online radio for $9.99 per month. (There's a 30-day free trial.)