Beats raises $60M to spin off ‘Daisy’ music service; may partner with Apple

Beats Electronics has secured a $60 million investment to spin off its forthcoming streaming music service Daisy into a separate entity, the company announced today.

Look out Spotify: Trent Reznor to launch streaming music service next year

Nine Inch Nails front man and Oscar-winning musician Trent Reznor will soon launch a streaming music service in partnership with Beats by Dre that will compete alongside services such as Spotify, Rhapsody, and Rdio.