Two years ago, it was just a whisper, a rumored collaboration with smartphone manufacturer HTC. Its not a stretch to imagine the company starting a cloud-based music initiative like compatriots Acer, and according to GigaOm thats exactly whats planned. Despite recent troubles, HTC could be well-placed to make such a move — its the majority stakeholder in Beats Electronics, a company co-founded by Jimmy Iovine, whos also said to be involved in the development of this service. Iovines the influential head of Universal Music subsidiary label Interscope Geffen AM, which could help HTC navigate the notoriously slippery road of licensing music for streaming.
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