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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

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Ikea’s billionaire founder was so frugal that he bought clothes from flea markets and took free salt and pepper from restaurants

1

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

3

Ikea’s billionaire founder was so frugal that he bought clothes from flea markets and took free salt and pepper from restaurants
TechSamsung

Even Rihanna Couldn’t Save Samsung’s Milk Music

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Chauncey L. Alcorn
Chauncey L. Alcorn
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By
Chauncey L. Alcorn
Chauncey L. Alcorn
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August 22, 2016, 4:49 PM ET
Samsung Galaxy Tab S Global Premiere Event In NYC
Milk Music streaming music service during the Samsung Galaxy Tab S global premiere event at the Theater at Madison Square Garden on June 12, 2014 in New York City. Photograph by Bryan Bedder — Getty Images for Samsung
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It’s the end of the road for Samsung’s Milk Music.

The free, personalized internet radio streaming service launched by the Korean tech titan in 2014—designed to run on the company’s Galaxy devices and compete with the likes of Pandora (P)—will shut down for good on Sept. 22.

“We have made the strategic decision to invest in a partner model focused on seamlessly integrating the best music services available today into our family of Galaxy devices,” Samsung said in a company statement. “We believe that working with partners will accelerate innovation, enhance device sales and provide amazing new experiences for our customers.”

Milk Music struggled to gain a foothold in the content streaming market despite Samsung’s best efforts. The company laid off much of its Milk Music staff last July a few months before shuttering Milk Video—its video streaming service, which lasted only a year, according to Variety.

 

Samsung tried to turn the tide for Milk Music last October by signing a $25 million deal with Rihanna to provide access to exclusive content from the R&B singer and her latest album ANTI. In March, the company denied rumors it had plans to buy hip-hop mogul Jay Z’s Tidal streaming service, according to Variety.

This weekend, Pandora announced plans to launch its own “on-demand” streaming service, joining the competitive market dominated by Spotify and Apple Music (AAPL) after turning down a $3.4 billion acquisition offer from Sirius XM’s Radio’s Liberty Media (LMCA) and posting underwhelming profits in July.

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