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Apple, Sony Sign Streaming Music Deal

June 7, 2013
iphone earbuds

Apple has signed a streaming music deal with Sony Music, tech website All Things D reported Friday, just days before the company is expected to announce iRadio, a streaming music service for iTunes.

The deal with Sony means that Apple now has agreements with all three major record labels, having signed with Warner Music earlier in the week and with Universal in May.

Apple is under pressure to update its popular iTunes platform with a streaming music service to ward off competition from rivals such as Pandora and Spotify.

The company is expected to announce the service, to be called iRadio, at its annual conference for software developers, which begins on Monday in San Francisco.






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Source: Copyright 2013 dpa Deutsche Presse-Agentur GmbH


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