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| Boinc to take on streaming audio rivals |
| Tuesday, 23 August 2011 00:00 |
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A new streaming audio music service is being launched by Beyond Oblivion that is to be integrated into a range of PCs and smartphones and aims to rival market leader Spotify.
Boinc is to be unveiled later this year as a pay-once streaming music provider, with the innovative business model looking to upset the present status quo in the sector. "Unlike any other service currently in the marketplace, Boinc offers users access to all music with no download charges, no monthly subscription fees and no ads - while also ensuring artists are fairly compensated," said Adam Kidron, Beyond Oblivion's founder and chief executive. Subscribers will have access to a synced cloud server, with the one-off payment meaning they have access to streamed music forever, with Beyond Oblivion even renewing subscriptions on different devices should users upgrade their PC or phone. Mr Kidron told the Guardian earlier this year that the company is presently in negotiation with some of the biggest music producers in the industry, with discussions with record labels including Warner Music, Sony and EMI all at advanced stages. Posted by Geoff Phillips  |