Rumors have been floating around since September that Apple is working on a new Pandora-like streaming radio service. In fact, the word is that it's almost finished, and it should be ready for launch by early 2013.
But according to a new report, that expectation may fall flat, as Apple continues to struggle with securing the proper licenses for such a service. Apparently the record labels aren't too happy with its licensing terms...
If you stream your music these days rather than spend your hard-earned cash on individual tracks on iTunes, you're likely using Spotify, Pandora or Rdio. The latter music subscription service is available in the U.S., U.K., Canada, France, Germany, Brazil, Australia, Spain, Portugal, Denmark, Finland, Sweden and New Zealand. The team just pushed a major update to their iOS and Android clients.
The software finally brings a unified interface across mobile platforms and the web, ditching the old grid-based navigation and replacing it with a consistently available sidebar that we're increasingly seeing in other apps like Path and Facebook. Rdio 2.0 also brings new features such as remote control, flawless queue syncing across platforms and more...
Just as we're counting down until markets close and Apple reports its quarterly earnings, Bloomberg conveniently publishes a report about work on Apple's own Internet radio service apparently slated for early next year. The iPhone maker reportedly has "intensified negotiations" with major record labels about launching an iAd-supported online radio service.
These talks currently focus on various advertising revenue sharing schemes, with the final deal possibly on the horizon by mid-November. In addition to an upfront fee, music companies reportedly demand a percentage of iAd sales and the ability to insert their own commercials for artists...