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afterdawn.com > news > kazaa, skype founders start unlimited music subscription service
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Kazaa, Skype founders start unlimited music subscription service

15 October 2009 13:31 by Andre "DVDBack23" Yoskowitz

Kazaa, Skype founders start unlimited music subscription service The billionaires Janus Friis and Niklas Zennstrom, the creators of the Kazaa P2P client as well as Skype, have developed and financed a new unlimited music subscription service dubbed Rdio.

The service should rival Spotify and MOG, and will allow users to stream unlimited amounts of music online for a monthly subscription price.

“We have watched many ad-supported music businesses come and go,” Friis says. “We felt the time was right to revisit this space, this time with a compelling offering and a sustainable subscription model.”

The pricing model has not been revealed yet, but CEO Drew Larner says the company is negotiating deals with the Big 4 labels.

“The idea is to create a subscription streaming service that’s between desktop and mobile,” Larner added, via Bloomberg. “For someone who’s interested on a subscription basis, the notion of ownership becomes less important than the idea of streaming on- demand.”

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