Aug 27 (Reuters) - Apple ( AAPL ) will distribute its
curated radio stations on a global network of devices, including
speakers, headphones and cars, through a partnership with
TuneIn, the digital radio platform said on Wednesday.
The Cupertino, California-based technology giant's six radio
stations will be available outside its app for the first time on
TuneIn to its 75 million monthly active users.
Apple's ( AAPL ) push into radio comes as competition in the music
streaming industry heats up, with companies such as Spotify ( SPOT )
making inroads into supporting new formats such as
video podcasts and messages.
The Wall Street Journal had first reported the move earlier
in the day. The report, citing MIDiA Research, said Apple's ( AAPL )
market share of digital music subscribers in the U.S. fell to
25% at the end of last year, from 30% in 2020, while Spotify's ( SPOT )
increased.
According to the report, which quoted TuneIn CEO Richard
Stern as saying, Apple ( AAPL ) had approached the digital radio platform
about a tie-up around the end of last year.