Apple’s proposed streaming music service is being held up by the company’s low offer for royalty rates, according to the New York Post. Sources said Apple has offered record labels around 6 cents per 100 songs streamed, about half of what Pandora offers: 12 cents per 100 songs streamed. A December report noted that progress was slow in talks between Apple and record labels, but no further details were given. While the new report notes…
