Last week we heard a rumor that music subscription service Spotify was looking to get into the streaming video space. But it looks like their rival has beat them to it. Today, Rdio has launched its own streaming video service called Vdio.
But unlike what we heard about Spotify's plans, Vdio doesn't really look like a Netflix competitor. It's actually a lot more like iTunes, in that it will let you rent and purchase videos from the service and then stream them to your devices...