Xbox Music, a new music service slated to be released by Microsoft, is said to be similar to both Spotify and Apple's iTunes. According to Bloomberg News, the company is set to release the service by combining a streaming style with download and online storage functions.
The music service is expected to take the place of their original Zune service, which was launched to compete against iTunes and turned out to be a failed attempt. However, the technology seems to be a better one for the user. The service will allow users to store music in an online locker which can be accessed by any device running Windows 8 or directly from the Xbox gaming console.
But how well will Microsoft's Xbox Music service turn out? Well, they need to gain rights from four major record companies first before they can proceed with the launch of their newest product. Certainly they will not want another Zune debacle on their hands, and not to mention, huge monetary losses.
Microsoft is also planning on charging for the service. As of now there are no dollar amounts associated with it but users will have the option to pay for it monthly or annually.
Over time, Microsoft has been known for not being able to keep up when they have made attempts to match its competitors with their gadgets and services. While the technology behind the new Xbox service sounds like an improvement in regards to their earlier music venture, it also has the potential to prove meaningless like the Zune. That is, if they even obtain the rights for a proper launch.