Might Apple make a jump into Internet radio next week?
The company has reportedly closed a deal with Warner Music, according to the New York Times, and is pushing to complete deals with other music labels to unveil the service as soon as next week.
Citing "people briefed on the talks," the report says discussions have stalled over royalty rates and minimum payments requested by the music labels. The report also says Apple's service would be free to consumers, featuring in-app advertisements.
Apple would join several companies who have jumped into the Internet music business. Pandora and Spotify are among the leaders in the market, while tech giant Google and social network Twitter have launched similar music options.
Apple is also expected to reveal the first details on mobile operating system iOS 7.
The company has reportedly closed a deal with Warner Music, according to the New York Times, and is pushing to complete deals with other music labels to unveil the service as soon as next week.
Citing "people briefed on the talks," the report says discussions have stalled over royalty rates and minimum payments requested by the music labels. The report also says Apple's service would be free to consumers, featuring in-app advertisements.
Apple would join several companies who have jumped into the Internet music business. Pandora and Spotify are among the leaders in the market, while tech giant Google and social network Twitter have launched similar music options.
Apple is also expected to reveal the first details on mobile operating system iOS 7.
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