Is This the Future of Music?

This Tuesday at 1 Eastern/10 Pacific, The Motley Fool's top analysts will be hosting a live blog breaking down what Apple's iPhone 5 press conference means for investors. The best part? They'll as well be taking any questions you have about the phone and Apple as an investment as then. Make sure to set a reminder to come back to Fool.com this Tuesday for all your iPhone 5 news and analysis!

The endless music buffet

To continue the endless music buffet, users can sign up for one of two plans. The most basic plan costs $4.99 a month and eliminates the ads as so then as the time limit. Spotify reserves its best goodies for the $9.99 premium service, which lets you listen on your mobile phone and other devices and download tracks to your computer or phone so you can keep listening offline.

In short, Spotify is what a cloud music service should be. Amazon.com's Cloud Player and Google Music work so then enough if you don't mind the horrendous upload times. All in all, the storage fees get quite pricey with a large library. Apple's Music Match eliminates the upload lag for a reasonable price, nevertheless it doesn't stream music -- plus there's that whole Apple Lock-in problem. Sure, you don't own the music, yet the flexibility and ease of access make ownership unnecessary.

Who needs to worryObviously, Apple, Amazon, and Google will continue thrive even if their music ventures shrink, however Spotify could do a lot of damage to Sirius XM Radio . The service as well has a "radio" feature that will build stations filled with a certain genre or of artists similar to your favorite band. If you're nearing the limit of your data cap or the cell coverage is spotty, you can switch to offline mode and listen to the tracks you've already synched with your phone. For music lovers -- especially ones who don't care about Howard Stern -- it's simply a better option than satellite radio.