Business
5:23 am
Tue June 11, 2013

Competitors Try To Chip Away At Pandora's Audience

Originally published on Tue June 11, 2013 6:56 am

On Monday, Apple announced iRadio — its entry into the crowded field of music streaming services. iTunes has become the top music retailer by selling song files. But no one in the music business thinks the iTunes model is the future. Pandora is the oldest and most successful streaming service so far. But it's been a disappointment to investors.