Social Media Newsfeed: Apple iRadio? | LinkedIn Authentication
Apple’s iRadio Plans Warm Up (FinancialTimes) Apple is looking more likely to launch its long-awaited music streaming service at its Worldwide Developers Conference, which begins on June 10, after agreeing to terms with Warner Music’s recorded music and music publishing divisions for the service known as "iRadio." Warner, the third-largest global music company, became the first music publisher to agree a deal for iRadio, people close to the negotiations said, after Apple agreed to pay its songwriters 10 percent of advertising revenue, more than double the 4 percent rate it currently earns from Pandora, the U.S.-based internet radio service with more than 70 million "active listeners."
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Apple’s iRadio Plans Warm Up (Financial Times)
Apple is looking more likely to launch its long-awaited music streaming service at its Worldwide Developers Conference, which begins on June 10, after agreeing to terms with Warner Music’s recorded music and music publishing divisions for the service known as “iRadio.” Warner, the third-largest global music company, became the first music publisher to agree to a deal for iRadio, people close to the negotiations said, after Apple agreed to pay its songwriters 10 percent of advertising revenue, more than double the 4 percent rate it earns from Pandora, the U.S.-based
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