Radical.fm Wants to Become Your All-In-One Streaming Music Service
By Rob Scott
November 28, 2012
November 28, 2012
- Radical.fm is entering the rapidly evolving music industry with a new business model: “A completely free-to-stream, ad-free, no-strings attached music streaming service that could stir up the digital music market’s dust yet again,” suggests Digital Trends.
- Already launched in Sweden, Radical.fm bundles music services into a single package — “namely, it gathers your Spotify, Pandora, Slacker Radio, Last.fm, Rdio, and even YouTube accounts.”
- It currently features a library of 22 million songs. Labels and musicians are paid the same way they are on other streaming services. Outside of Sweden, users only have access to music from indie record labels for now.
- “The number of features that this one platform offers is dizzying, but should it prove to be successful it could be the music industry darling that revolutionizes the radio and music streaming industry,” notes the post.
- CEO and founder Thomas McAlevey says he is in negotiations with “labels at the highest level” to offer the streaming service in the U.S.
- “However if Radical.fm doesn’t ‘get the direct deals we want with the licenses in time,’ McAlevey could switch on its currently-dormant radio feature and broadcast the music from any rights holders that are hesitant to jump on board thanks to the SoundExchange license Radical.fm has obtained,” explains the post.
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