Amazon now gives you 10x more storage than iTunes

                                         Amazon vs. iTunes: For $25 each, Amazon will store 
                                                       250,000 in the cloud while iTunes will store 25,000.

SEATTLE (AP) — Amazon.com Inc. has updated its cloud music player to mimic Apple Inc.'s iTunes Match, but is offering 10 times more storage space for the same price.

Songs purchased on Amazon.com have always been stored for free on its servers for playback on mobile devices. Now the online retailer will scan a person's computer and automatically match songs found there on the person's storage space in the cloud.

Like iTunes Match, Amazon will upgrade songs of lesser quality found on computers or existing cloud lockers to files encoded at 256 kilobits per second.

The price is the same as iTunes Match at $25 a year.

But Amazon.com offers free storage for 250 songs bought elsewhere, and will store 250,000 songs for paying customers. ITunes Match tops out at 25,000 songs.

AP  |  Posted: 07/31/2012 8:15 pm Updated: 08/01/2012 9:20 am
Source-huffingtonpost

YouTube to spend $200 million more on professional videos

The site initially spend $150 million to acquire talent for original programming, and now wants to market it more effectively to the target audience.YouTube is ready to dump more cash into its professional programming, according to a new report.
Google-owned YouTube will drop another $200 million into the programming to more effectively market the nearly 100 channels boasting professional videos, the company told the Wall Street Journal in a report published yesterday.
The Journal is reporting today, citing sources, that YouTube has so far attracted $150 million worth of advertising to its original programming. That investment, if it carries throughout the year, would help cover the startup costs YouTube incurred to get its programming off the ground