Apple to Add Music-Recognition App Shazam to Its Portfolio

Apple to Add Music-Recognition App Shazam to Its Portfolio

In this segment of the MarketFoolery podcast, host Chris Hill and Million Dollar Portfolio's Jason Moser weigh in on the direction of the music streaming space. Can stand-alones like Pandora (NYSE: P) and Spotify make a profitable go of it against services like Apple (NASDAQ: AAPL) Music and Amazon (NASDAQ: AMZN) Prime Music, which are value-adding parts of much wider ecosystems? Where does the latest Apple acquisition fit in? And what does the future look like for the music business?

A full transcript follows the video.

Continue reading

Source: Fool.com