Apple reaches iRadio deal with Warner Music, suggesting WWDC launch2013-06-03 09:24 by DanielaTags: Apple, iRadio
It seems that Apple is working hard to unveil what's been dubbed iRadio at its Worldwide Developers Conference, which begins June 10. Apple's service, a Pandora-like feature that would tailor streams of music to each user's taste, has been planned since at least last summer. But so far Apple has made little progress with record labels and music publishers, which have been seeking higher royalty rates and guaranteed minimum payments. Apple last month reached a deal to license music from Universal Music, the world's largest label, and negotiations are still going on with Sony, which has been going back and forth with Apple over some specifics about features built into Apple's product. Yesterday, the NY Times reported that Apple signed a deal with the Warner Music Group over the weekend for both recorded music rights and music publishing. With Apple's latest service, the streaming music field is getting super competitive. Google has already launched a Spotify-like, subscription music service called Google All Access. It is also working on a music service tied to YouTube, which has become the dominant place where young people go to hear music. Read more -here-
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