Apple, Universal Music Close To Crack The Deal Over Internet Radio Licensing

Posted on Apr 12 2013 - 6:18am by Editorial Staff

Apple and Universal expected to sign an agreement based on streaming iRadio service imminent as soon as next week, The Verge reports citing its sources “multiple sources with knowledge of the talks.” According to the publication report, the duo has reached the final stages of negotiations and is expected to close the deal by next week while Warner Music is behind it.

Last week only the news was in the air about the deal when CNET reported about the agreement and adding by saying that the service the Apple about to offer will come free of cost and will be connected to iTunes and will work on mobile devices. Apple is hoping to quickly roll out in number of countries, including the U.K, France, Germany, Australia and Japan.

More to come and we will update you as soon as more information comes to our knowledge.

About the Author

Editorial Staff at I2Mag is a team of subject experts.