Or just one streaming site where they collaborated like VEVO.good point. i think NBC did it with HULU with regard to tv content, and i dont know how succesful that was, but these companies could have just started their own shyt, 3 big music companies, 3 big streaming sites.
HULU is doing aight I guess, a billion dollars in revenue like Spotify. From my impression it's completely ad-based though and most people who have HULU also have those channels on their tv.
It might've been the conflict of interest. They could've just outsourced the service and had it as an independent company that's owned by the labels, like the FED.
EDIT, I see now that HULU has a premium service as well with HD content and stuff.

