Spotify to hold May 20th event ahead of Apple's Beats Music relaunch
Spotify may be hoping to get a jump on Apple’s relaunch Beats Music — or whatever its second take on streaming music is called. The company has just invited press to an event in New York City on May 20th. “We’ve got some news” is the only tease offered by the leading premium subscription music service.
The press conference follows The Verge’s report that Apple has been pressuring record labels to abandon Spotify’s free, ad-sposored streaming tier. Spotify must also now contend with the rise of Tidal, a high fidelity music streaming service owned by Jay Z and a band of other top musicians. Tidal is attempting to battle Spotify by offering its subscribers exclusive content and higher-quality audio streaming. How does Spotify intend to…
Source:: The Verge
