Providing market intelligence for more than 35 years

E-commerce Times

Grooveshark Tries a Different Tack

Meanwhile, numerous competitors have come to populate the music-streaming space. Pandora, for instance, claims 77 million users, compared with Grooveshark's relatively modest 30 million.

Grooveshark's planned pricing of 99 cents a month is "much cheaper than Pandora One, which is $4.99 a month," noted Glenn Hower, a research analyst with Parks Associates.

"However, Pandora is pretty entrenched in the market," he told the E-Commerce Times. "That's a tough road for Grooveshark."

From the article "Grooveshark Tries a Different Tack" by Katherine Noyes.

Previously In The News

Amazon Fattens E-Book Royalty Checks in Preemptive Strike

Amazon is trying to "make sure it's ahead of the curve before Apple gets involved," agreed Kurt Scherf, vice president and principal analyst with Parks Associates. This move "brings them more s...

The Wide-Open Gateway to the Connected Home

"The connected home" is a term used frequently but often defined ambiguously. For Parks Associates, the connected home is comprised of the following elements: 1.access services, including broadban...

The Hybridization of the Set-Top Box

From Parks Associates' view, the presence of a versatile gateway, once deployed, allows operators to enable multiple services without having to invest incremental capital expenditure in additional...

The Journey From Social Networking to Visual Networking

The growing popularity of online video has become the tipping point for advanced CE (consumer electronics) in the home. Consumer interest and demand for this content -- from user-generated videos o...