HTC has reportedly joined forces with Beats co-founder Jimmy Iovine to create a music streaming service to rival Spotify, following the company’s $300 million investment in Beats Audio.
That’s according to an exclusive report from US tech site Gigaom who claims, citing “sources familiar with the company’s plans”, that HTC is working on a music streaming service similar to Spotify, which will be offered as a default music client on future HTC phones and tablets. The Taiwanese firm, who has refused to comment on the speculation, is supposedly still figuring out “pricing plans and other details”.
That’s not all HTC has reportedly got up its sleeve at present. The report also reveals that the smartphone-maker is working on a “wireless boombox” device, which will stream music from HTC phones over Bluetooth.
HTC’s yet-unnamed streaming service is expected to be unveiled at Mobile World Congress in two weeks times, the anonymous tipsters add, alongside a new HTC Tablet – likely to be the mooted HTC Quattro.
Excited? So are we. Be sure to check back for all the latest developments.