iRadio

Record labels reportedly unhappy with Apple’s radio service proposal

By now, you've probably heard the rumors that Apple is working on a Pandora-like internet radio service. Yesterday, Bloomberg added to the speculation, saying that a deal with record labels could be reached by mid-November.

But according to a follow-up report, that may not be the case. Apparently, some record executives haven't been particularly impressed with the revenue sharing proposal. And they want Apple to sweeten the deal before they sign...