Record execs force Apple to delay streaming radio service for being cheap

anthonyvenable110:

apparently they like to think different

Originally posted on VentureBeat:

ss-apple-headphones-streaming-radio

Apple has made the decision to delay its upcoming streaming radio service over royalty-payment disagreements, according to reports by the New York Post and the New York Times.

The Apple streaming radio service has been rumored since September, and it could harm Pandora, Spotify, and other similar offerings because the service would be easily accessible on the many millions of iPhones, iPads, and iPod Touches around the world. Apple’s iTunes store is already the number one place to buy digital music, so this new service would act as an extension to that.

The New York Post reports that Apple made an opening offer to pay “6 cents per 100 songs streamed,” which is half of what Pandora pays for its songs. Clearly the music industry didn’t like that Apple — which is sitting on about $137 billion in cash — was trying to be cheap.

“Apple wants a…

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About anthonyvenable110

As you can see I love working with various Linux Operating Systems, as well as programs that are Open-Source in nature. Speaking of nature, I love long walks where there is plenty of it.
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