Apple faces iTunes threat from overseas

Just as every smart phone claiming to be an “iPhone killer” has failed to dethrone Apple’s iPhone, every so-called “iTunes killer” has so far fallen short of expectations.

But a new music service from Europe might be the first legitimate iTunes contender. And it’s coming soon to the United States.

Spotify, based in the U.K. and available in a handful of European countries, looks just like iTunes at first glance. Both allow users to buy music from a library songs (8 million for Spotify, 11 million for iTunes), make playlists, store music on their computers, and sync that music with their iPods, smart phones or other MP3 players.

But unlike Apple’s (AAPL, Fortune 500) iTunes, Spotify gives users total control over their music — with a Facebook tie-in. Users can listen to any of Spotify’s 8 million tracks online for free, if they’re willing to endure the occasional advertisement, or pay $15 per month for ad-free access. They can also upload their existing music to get access to their personal libraries over the Internet.

Full Story Via CNN.com

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