This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Nokia, Samsung, Extend Streaming Music

Stocks in this article: NOK GOOG

NEW YORK ( TheStreet) - Most smartphones that you buy these days come with lots of little applets that are added to improve your overall smartphone experience.

Some actually turn out to be useful and popular. Many are just a waste of space. That's why experts usually describe the package of included apps as "bloatware". Nearly every manufacturer/cellular provider is guilty of including the stuff.

But, it's bloatware only if it's never used, and just takes up valuable memory/space. The companies want you to use these programs and not other similar apps. And maybe, if it turns out that you like them and use them a lot, you might be willing to pay for added usability features.

That's why Nokia (NOK) is adding a premium layer to its music subscription service. The new deal is called Music+. For $3.99 each month (or € 3.99 overseas) you'll soon be able to listen to higher quality music streams, unlimited downloads to get song lyrics, plus unlimited skipping between songs and even a special, new Nokia Music+ app for your PC.

Jyrki Rosenberg, Nokia's vice president of entertainment, explains it this way: "We spend a lot of time listening to how people use the service and have even managed to half the amount of skips per songs played, which is a combination of our systems and musicologists understanding and shaping Nokia Music around the users."

Getting Nokia smartphone owners to spend an extra $4 a month doesn't hurt his company's bottom line, either.

And Samsung is taking the idea one step further. According to published reports, the Korean tech giant has confirmed that it plans to offer its music streaming service to non-Samsung products.

According to published reports, Samsung's considering offering its Music Hub system to other manufacturers' devices sometime in the future. No timetable has yet been set, though.

Samsung's Senior Vice President for Media Services, TJ Kang, warned that before this happens, the company's planning to offer Music Hub on more of their its products, such as all of the company's phones, tablets, computers, televisions and possibly its new major appliances that (like refrigerators) are connected to the Internet via Google's (GOOG) Android operating system.

--Written by Gary Krakow in New York.

>To submit a news tip, send an email to:

Gary Krakow is TheStreet's senior technology correspondent.

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,030.21 +6.04 0.03%
S&P 500 2,081.88 -0.29 -0.01%
NASDAQ 4,773.4720 +8.0480 0.17%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs