Apple is rumored to launch its Internet radio service in early 2013, according to a report on Bloomberg. Bloomberg’s Olga Kharif and Andy Fixmer are reporting that Apple has been in talks with multiple partners to ‘take on’ Pandora. Shares of Pandora tanked on the news, of course. Bloomberg is reporting that Apple and ‘major music labels’, including Universal Music Group, Warner Music Group and Sony Corp’s music division have had beetings in recent weeks to learn about Apple’s plans. Those plans include listeners being ”able to buy tracks as music streams or revisit what they’ve heard in auto-generated playlists.” Read the full story at The Next Web.
Apple rumored to launch Internet radio service in early 2013
Author: Shelly Palmer
Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio Network's, Shelly Palmer Digital Living Daily, a daily syndicated radio report that features insightful commentary and a unique insiders take on the biggest stories in technology, media, and entertainment. He is Managing Director of Advanced Media Ventures Group, LLC an industry-leading advisory and business development firm and a member of the Executive Committee of the National Academy of Television Arts & Sciences (the organization that bestows the coveted Emmy® Awards).