MacNN | No deal near for Apple music streaming service, sources say
Mac News Network View: Standard | Headlines | Categorized | Slim
Mac News Network
Mac News iPod News Reviews Forums
 

Desktop Headlines
No deal near for Apple music streaming service, sources say
Wednesday, December 5, 2012 @ 12:09pm

Apple is nowhere close to completing a deal with the major record labels for a music streaming service, say music industry sources contacted by CNET. The people say that the terms Apple has been offering for the service, nicknamed "iRadio," have left the labels -- Sony, Warner, and Universal -- unsatisfied. It's believed that even if one side or the other changes its position, it could take a long time to complete agreements.



Some sort of music streaming service from Apple has been rumored for years. Although reports have repeatedly put Apple in talks with record labels, follow-ups have also indicated no progress. Speculation has often suggested that the labels want to avoid repeating the experience of the iTunes Store, which gave Apple control over most digital music sales while driving down prices. The closest Apple has coming to a streaming service is iTunes Match. Subscribers can access music via iCloud, but only if they already own the content in question.

Comments on this Article
Print Friendly Version
Email to a Friend
Add MacNN to Your RSS Feeds
Buy from the Apple Store


Related Stories:

Today's MacNN Stories:

  • MacNN Forums: wireless docking is the future - 2:59 PM EST
  • Apple deals: expanded Mac Pro selection - 2:58 PM EST
  • DealNN: curved monitors, MacBook Airs and more - 2:57 PM EST
  • Twitter launches Vine Kids app for iPhone - 1:26 PM EST
  • Amazon, Apple, Google reach deal with Italy on 'free-to-play' apps - 12:07 PM EST
  • Friday Deals: 60-inch LG TV, Silicon Power SSDs, PlayStation TV - 11:19 AM EST
  • Hands On: Tengami (OS X, Windows) - 10:38 AM EST
  • TUAW, Joystiq to close and fold into Engadget [u] - 10:17 AM EST
  • Jay Z looks to join streaming music industry by acquiring Aspiro - 9:57 AM EST
  • Briefly: RunKeeper adds Spotify, Nickelodeon streaming service inbound - 7:32 AM EST
  • Hands On: Mail Designer 2 and Mail Designer Pro 2 (OS X) - 4:29 AM EST
  • Repatriation bill offers tax break for US return of foreign profits - 2:00 AM EST
  • CIRP: majority of Android switchers are outside US - 1:17 AM EST

    Today's iPodNN Stories:
  • FCC raises $44.9B in AWS-3 auction, including $18.2B from AT&T bids - 3:33 PM EST
  • Google changing unified privacy policy to appease UK data regulator - 1:19 PM EST
  • Jolla Tablet returns to crowdfunding with 64GB storage capacity - 6:28 AM EST
  • Data caps and preferred traffic get shot down in Canadian ruling - 2:52 AM EST
  • WSJ: Microsoft may make investment in Android ROM producer Cyanogen - 10:32 PM EST
  • No comments posted on this story yet. Please post yours.
    Your Comments
    In order to post comments, you must be a registered member of the MacNN Forums and logged in. Please login with your MacNN Forums username and password.

    MacNN Forums Login:

    MacNN Forums Password:

    Not a member of the MacNN forums? Register now for free.