Report: Apple’s Pandora-Killer Hits Licensing Trouble With Sony/ATV

iTunes

iTunes

One rumor that was nearly forgotten amid the iPhone 5’s launch and iOS 6 media circus was that Apple was reportedly looking to release a Pandora-killer soon. The streaming music service would be a natural next step in the progression Apple’s taken with digital music, but it looks like licensing issues may have stepped in the way once again. According to the New York Post, citing “sources close to the situation,” music publishers Sony/ATV wouldn’t agree to Apple’s proposed terms, seeking more in terms of a per-song rights fee from the tech industry leader to provide access to its content library for a streaming service. Read the full story at TechCrunch.

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Author:

Shelly Palmer

Shelly Palmer is Managing Director, Digital Media Group at Landmark Ventures/ShellyPalmer a technology focused Investment Banking & Advisory practice specializing in M&A, Financings, Strategic Partnerships and Innovation Access. He is Fox 5 New York's On-air Tech Expert and well known for his work on Fox Television's Shelly Palmer Digital Living as well as his daily radio report on United Stations Radio Networks. For more information, visit shellypalmer.com.

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