HTC rumoured to be working on music service

HTC isn't content with playing with third parties when it comes to music, a new rumour suggests it will be introducing its own.

According to the GigaOM site and 'sources familiar with the company’s plans', a music streaming service is in the works, working in conjunction with Beats Audio, a company HTC acquired a substantial stake in last year.

The idea is for the music service to be offered as the default music client on HTC phones and tablets, although the price and specific details haven't been confirmed beyond that, although the article does say it could launch as soon as the MWC event at the end of this month.

The key man in all of this is Jimmy Iovine, who is co-creator of Beats and just as significantly, Interscope Geffen A&M Chairman, which makes him one of the most powerful men in the music industry. Apparently Iovine isn’t a fan of Spotify and could see a Beats system as a way of battling Spotify's growing dominance in this particular market. He's also the man to get the labels to sign up to the service too.

A HTC spokesperson said that the company doesn’t comment on rumours and speculation, as you would expect. So we'll all have to wait and see. With MWC just a couple of weeks off, that wait might not be long.

Source: GigaOM

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