Posts Tagged ‘Labels’
Sony Corp. (SNE) is poised to start its own music streaming service with major record labels in the US this quarter. Its shares are up 1.34% to .68 last check. The move will challenge Apple Inc.’s (APPL) iTunes, according to reports. The company began its service dubbed “Music Unlimited powered by Qriocity” in Sept. in the UK and Ireland in Dec. It will be available in other European countries this weekend. Music Unlimited has more than 6 million songs available on Playstation 3 game console, Blu-ray Disc player, Bravia televisions, PCs and on smartphones using Google Inc’s Android operating systems.
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