Report: Apple Signs Deal with Warner Music Group for "iRadio"
June 2, 2013 11:01 PM
comment(s) - last by
iRadio is expected to make an appearance at WWDC next week
Apple had a busy weekend locking in a promising music deal for its upcoming
Internet radio service
-- which is due to make an appearance at Apple's Worldwide Developers Conference (WWDC) this month.
Apple successfully signed a deal over the weekend with Warner Music Group and its publishing arm, Warner/Chappell Music, for recorded music rights and music publishing rights.
About a month ago, it signed another deal with Universal Music Group for its recorded music rights.
Apple's Internet radio service -- which is expected to be named "iRadio" and compete with the likes of Pandora -- will reportedly be free and depend on advertising for revenue. IOS users will be able to use their iPhones, iPads and iPods to stream music based on user preferences.
The Wall Street Journal
would differ from Pandora in that users could play or skip songs as much as they'd like (Pandora limits how many times a song can be played or skipped).
Apple has been negotiating deals with record labels directly in order to receive better licensing terms. Negotiations with these groups were delayed for months because they wanted higher rates from Apple. According to
The New York Times
, record labels ask for about 4 percent of Pandora's revenue, but wanted at least 10 percent of Apple's.
However, Apple managed to strike a deal with Warner Music Group for an undisclosed rate. Apple is also trying to sign deals with Sony Music Entertainment and its publishing arm, Sony/ATV.
Apple will reportedly unveil iRadio at WWDC, which takes place June 10-14 in San Francisco.
The New York Times
This article is over a month old, voting and posting comments is disabled
6/3/2013 8:25:30 AM
Apple's Internet Radio Service = Apple's IRS!!
"If you mod me down, I will become more insightful than you can possibly imagine." -- Slashdot
Apple In Talks with Record Labels for Pandora-Like Service
September 7, 2012, 3:01 PM
FCC Orders Advertisers to Cut Out That Racket, Turn Down Commercials
August 29, 2014, 12:49 PM
Dropbox Bows to Competitive Pressure, Provides 1TB of Storage for $10/Month
August 27, 2014, 11:17 AM
Amazon Acquires Twitch for $970 Million
August 25, 2014, 4:37 PM
Facebook Adds Satire Tags to Its Auto-Generated "Related News" Posts
August 18, 2014, 10:43 AM
Comcast, TWC Pull Dinner Gift for FCC Commissioner... Sort Of
August 15, 2014, 1:10 PM
Comcast Accused of Wooing FCC Commissioner w/ $110K Dinner
August 13, 2014, 8:20 PM
Most Popular Articles
Microsoft's Surface 2 Tablet Family Gets a $100 Price Cut
August 25, 2014, 1:16 AM
Owner of "Decepticon" Maserati Ordered to Appear in Court This Thursday
August 25, 2014, 7:55 AM
SpaceX Falcon 9-R Rocket Suffers Malfunction, Self-Destructs During Test Flight
August 23, 2014, 9:36 AM
LG Posts Teaser Video of Its “Round Face” G Watch R Smartwatch, Set for IFA Lauch
August 24, 2014, 2:49 PM
Windows 9: "Upgrade Now" Button Coming for Enterprise Updates, ARM Preview in H1 2015
August 26, 2014, 8:00 PM
Latest Blog Posts
Space Terrorism is a Looming Threat For the United States
Apr 23, 2014, 7:47 PM
Facebook Aims to Provide Internet to "Every Person in the World" with Drones, Satellites
Apr 1, 2014, 10:20 AM
Retail Mobile Sites Experience Outages in Light of Simplexity's Bankruptcy
Mar 14, 2014, 8:48 AM
Tesla vs. BMW: Who Has the Safer EV?
Feb 1, 2014, 2:56 PM
Justice Leaks Details of Next HTC One Two Flagship Phone
Dec 5, 2013, 4:04 PM
More Blog Posts
Copyright 2014 DailyTech LLC. -
Terms, Conditions & Privacy Information