Music

So How’s Apple Doing with Their Proposed Streaming Service?

Alan Cross 1 Comment

They’ve hit a few snags, apparently.  From CNET:

Apple is working hard to convince the major record companies to buy into its plan for a Web radio service, but some at the labels don’t like what they’re hearing.

Bloomberg reported this afternoon that Apple’s negotiations with the three top labels have “intensified” over an ad-support Web radio service that Apple hopes to launch early next year. But music industry executives who spoke with CNET said that some decision makers at the big record companies want Apple to sweeten the offer. 

This, of course, is not unexpected because (1) Apple is the most valuable company in the world and they can’t exactly plead poverty; (2) the music industry still feels the sting from the way Steve Jobs dictated the terms of selling music on iTunes; and (3) the industry needs to make sure that ever single revenue stream is as sweet as it can be.

They’ll get it done.  It’s just that it’s not going to happen anytime soon.

Alan Cross

is an internationally known broadcaster, interviewer, writer, consultant, blogger and speaker. In his 40+ years in the music business, Alan has interviewed the biggest names in rock, from David Bowie and U2 to Pearl Jam and the Foo Fighters. He’s also known as a musicologist and documentarian through programs like The Ongoing History of New Music.

Alan Cross has 38053 posts and counting. See all posts by Alan Cross

One thought on “So How’s Apple Doing with Their Proposed Streaming Service?”

  • Scott
    November 14, 2012 at 5:47 am
    Permalink

    Why do you suppose Apple is rumoured to be pursuing an ad-supported model?

    Reply

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