Competitions Grows Hotter as Google Joins Music Streaming War

Shares of Spotify SPOTand Pandora Pboth opened lower on Thursday after Google GOOGLannounced that it will roll out a YouTube-based music-streaming service. In doing so, the technology giant joins an already crowded space, complete with some of the biggest names on Wall Street. Let’s dive into the current streaming music landscape to gauge not only how things stand now, but what the market might look like down the line.