Apple is “pushing hard” for a summertime launch of its anticipated streaming music service, according to a new report. The company has allegedly made “significant progress” in talks with two of the top record labels: Universal and Warner.
A source is claimed to have said, “iRadio is coming. There’s no doubt about it anymore.” Multiple reports have noted the service has been held up by Apple battling the labels over royalty rates; most recently, a report noted the company was offering labels a very low rate of 6 cents per 100 songs streamed.
[via The Verge]
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