Have Apple And Spotify Already Lost The Chinese Music Market?

Most Western music streaming companies look at China as sort of a golden goose. It’s not laying any eggs at the moment, but you think that one might come at any time. That goose may be stolen even before it makes its first deposit though, as the Chinese mega-company Alibaba recently announced that it will combine two of its music properties, Tiantian and Xiami, into a new as-of-yet unnamed music service.

from Forbes – Tech http://ift.tt/1HLGcpH
via IFTTT