Music retail competitors Apple and Amazon launched similar music storage services the same year. Interestingly there is much speculation now that the same online music retailers will also compete in the music streaming space.
Apple, the leading music download site, was last fall reported to be seeking music licensing for its own Pandora-like radio streaming service.
YouTube’s importance in the music space got a boost this week when Billboard announced it would incorporate Nielsen’s YouTube streaming data into its chart tally, which had immediate impact. Baauer’s “Harlem Shake,” a song that has become a viral video sensation, immediately shot to No. 1 on the Hot 100.
A report earlier this week by the Recoding Industry Association of America slammed Google for failing to live up to its commitment to keep pirated music sites from appearing prominently in its search rankings.