RIM launches BBM Music, but shares continues to drop despite rallying market

Posted by Knowlton Thomas

Today, Waterloo-based Research In Motion has released the BBM Music App, now available for download in the BlackBerry App World.

For $5 per month, the app grants you access to to 50 songs plus to 50 songs from each of your friends who share their content with you via BBM. Each month you can drop 25 songs for 25 new ones.

But if you don't want to pay monthly for BBM Music, all you get are 30-second music tracks—far worse than iTunes, which now offers 90-second previews and is native on the iPhone and downloadable on any computer.

See the app in action in the video below.

Despite the announcement, RIM shares dipped a further 3%, even though the market as a whole is rallying.

 

Company:
BlackBerry
Website:
http://www.blackberry.com
Location:
Waterloo, Ontario, Canada

Research In Motion (RIM), a global leader in wireless innovation, revolutionized the mobile industry with the introduction of the BlackBerry solution in 1999. Since then, BlackBerry products and services have continued to change the way millions of people around the world stay connected. With the launch of BlackBerry 10, we have re-designed, re-engineered and re-invented BlackBerry. Not only did we introduce a... more


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Knowlton Thomas

Knowlton Thomas

Knowlton is the managing editor of Techvibes. Based in Vancouver, Knowlton has been published in national publications and has also appeared on television and radio. Previously he was an editor for New Westminster weekly The Other Press and served on its board of directors. When not working, Knowlton enjoys playing tennis, hiking, and exploring weird side streets. more



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