Sony to Launch Cloud-Based Music Service to Compete with iTunes

  • Sony has announced plans to introduce its cloud-based Music Unlimited service this year, featuring a catalog of 15 million songs.
  • “Music content could be a key factor to revive Sony,” said Takashi Watanabe, an analyst at Goldman Sachs Group in Tokyo.“The time is over where an electronics company can excel just because it has a good device. You have to have a very good platform to capture your clients within your system.”
  • Content from Sony’s own music units includes songs from artists such as Michael Jackson, Whitney Houston and Bruce Springsteen. The catalog offerings also include tracks from Universal Music Group and Warner Music Group.
  • Apple’s iTunes currently offers approximately 20 million titles, while Spotify offers more than 16 million songs.
  • “Music Unlimited lets users stream songs via Web-connected Bravia televisions, some Walkman models, PlayStation game players, personal computers and Android-based mobile phones. The service was expanded to the PlayStation Vita in March after being enabled on Sony Tablets and other Android-based tablets in October,” according to Bloomberg.

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