Thumbplay is getting out of the music streaming service. The company offers mobile apps for Android, iOS, BlackBerry, and desktop computers that lets you stream music on demand for $10 per month. But faced with competition from MOG, Rdio, Rhapsody, Spotify and others, All Things D reports ThumbPlay only managed to sign up about 20,000 subscribers in the past year.
Radio giant Clear Channel is buying the music streaming portion of Thumbplay’s business.
Clear Channel plans to add Thumbplay technology to its existing iheartradio app which offers free internet radio streams. For now, existing Thumbplay subscribers will be able to continue using the service without any major changes.
