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Apple's iRadio delayed by 'cheap' offer that left record labels unhappy, reports say

Ashleigh Allsopp | March 11, 2013
Apple's rumoured music streaming service, dubbed iRadio, is being held up by record labels who aren't happy with Apple's "cheap" licensing offer, reports say.

Cook and Apple's Senior Vice President of internet software and services Eddy Cue are believed to have met with Beats CEO Jimmy Iovine in February to talk about "a broad range of music-related topics," including 'Daisy's' business model and rollout plans.

In December, Apple's iTunes 11 added evidence to a 2013 launch for iRadio, with the introduction of a new dedicated Radio button hinting that Apple is working on improving its radio offerings. In February, new Radio buttons were discovered in iOS 6.1, adding further evidence to the theory.

 

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