Apple and music labels have intensified their negotiations to launch an ad supported Internet radio service by early 2013, reports Bloomberg.
Talks are centered in part around how to share ad revenue and a deal could be reached by mid-November, with Apple starting a service within the first three months of 2013, said the people, who asked not to be named because discussions are still in progress. Shares of Internet-radio leader Pandora Media plunged.
Apple is looking for licensing agreements that are more flexible with what listeners can hear. Pandora's agreement limits how often users can skip tracks and how many times an artist can be played. Apple reportedly wants to ease these restrictions and get access to newer releases.
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Comments (3)
Comments are closed for this article.
0
zebi - October 26, 2012 at 12:42am
Yea ! I hope they take business from Pandora.
They think they are untouchable.
Specially if you could listen by the albums or by songs..No ads,unlimited skip.
Share your purchases with others too
0
Nona - April 6, 2013 at 7:18am
There is a critical shortage of informative articles like this.