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
RE: total non starter
6/3/2013 3:31:43 PM
Everytime I am not listening to anything, I am skipping infinite songs...
"It seems as though my state-funded math degree has failed me. Let the lashings commence." -- DailyTech Editor-in-Chief Kristopher Kubicki
Apple In Talks with Record Labels for Pandora-Like Service
September 7, 2012, 3:01 PM
Quick Note: Google Drive 100GB, 1TB Plans See Major Price Cuts
March 13, 2014, 2:45 PM
Target Missed Early Warning Signs of Holiday Data Breach
March 13, 2014, 1:45 PM
Amazon Increases Prime Subscription to $99/year Starting March 19
March 13, 2014, 8:23 AM
Bitcoin King's American Accounts Get Frozen
March 13, 2014, 3:00 AM
Time Warner Cable CEO Says Merger with Comcast is a "Dream Combination", Will Increase Innovation
March 12, 2014, 2:37 PM
North Carolina-based Company to Offer Gigabit Internet Before Google
March 12, 2014, 2:31 PM
Most Popular Articles
Bitcoin King Pt. II: Mt. Gox's Dictator Karpelès Proves Tragically Flawed
March 7, 2014, 1:12 PM
Windows 8.1 Update 1 Leaked Early
March 7, 2014, 9:30 AM
Hack Reveals Fallen Bitcoin CEO's Posh Tokyo Penthouse
March 10, 2014, 4:28 PM
Vine Users No Longer Allowed to Post Pornographic Videos
March 7, 2014, 1:47 PM
Staples Closing 225 Stores Across North America
March 7, 2014, 1:24 PM
Latest Blog Posts
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
Global Cyber Espionage Concerns Reveal Growing Cyber Armies
Nov 29, 2013, 11:04 AM
Is The Period Becoming an Expression of Anger?
Nov 26, 2013, 2:02 PM
NSA and Congress -- You Will Never Kill the Constitution, It's an Idea
Nov 10, 2013, 2:00 PM
More Blog Posts
Copyright 2014 DailyTech LLC. -
Terms, Conditions & Privacy Information