Electronista

Mobile News   Apple  
updated 10:00 PM EDT 04.11.13
Report: Apple lands Universal Music Group for 'iRadio'
Should Apple actually succeed with its alleged plan to start up a Pandora-style streaming radio service, one of the biggest obstacles the company faced may be behind it as early as next week, if a report on The Verge is true. Multiple sources say that Apple and Universal Music Group, one of the "big three" music labels, have reached an agreement on streaming royalties -- and that the company is in the final stages of also closing a deal with Warner Music. The third major label, Sony, is an earlier stage of the process.