Pandora Launches Spotify Competitor

Big news for Pandora this week... the streaming radio service finally gave a select group of VIPs and reporters a first look at their much anticipated Spotify competitor, Pandora Premium. The new streaming service will offer on-demand access to a massive music library and, according to those who have seen it, looks a lot like Rdio - which Pandora acquired last year. Engadget also reports that "Pandora is leveraging the years of information it has about how its users listen to music to provide the all-important recommendations necessary to help people find new songs." Pandora Premium is expected to launch early next year at the standard price point of $9.99/month. Read a full breakdown on what to expect from the new service here.