iHeartRadio Enters Paid Streaming

iHeartRadio entered the paid streaming music space this week, with the announcement of an upcoming 2-tiered music streaming service to debut in January. The new offerings, iHeartRadio Plus and iHeartRadio All Access, will offer an 'enhanced' live radio experience and an on-demand catalogue of over 30 million songs. Other details regarding logistics and cost were not made available yet, with Billboard reporting that the iHeartRadio announcement "was relatively light on details in terms of what the two tiers are, how much they'll cost and what, exactly, will set iHeart apart from its peers in the space, most notably Pandora -- which announced its own on-demand intentions last week -- and Spotify." Read more on the story here.