05.04.2013 11:35 Uhr, Quelle: MacNN

Report: Apple close to deal on alleged 'iRadio' streaming service

Late on Thursday, unnamed sources from "people familiar with the negotiations" said that Apple has come up with a clever workaround to the major obstacles preventing it from concluding a licensing deal for its alleged "iRadio" streaming service. The breakthrough is said to have been sufficient to get two of the three major record companies on board for the yet-to-be-announced feature, and relies on letting Apple get the streaming royalty rate it wanted -- far lower than comparable services -- in exchange for creating ways for labels to make up the cost difference.

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