Sony and Apple have signed a deal regarding the latter’s upcoming steaming music service (nicknamed iRadio for now), according to a source close to the talks.
The agreement implies that Apple already has the three biggest record labels on board with the deal, as well as Warner and Universal. However, Sony/ATV is still missing from the deal.
You’d think that it’d be a given that Sony would automatically bring on Sony/ATV, but that problem has a relatively easy solution compared to those the agreement was facing just days ago.
According to AllThingsD, Sony and Apple came to an agreement in a dispute over skipped songs. Sony wanted payment for every song played, even if you decided to skip it. That hump was a lot bigger than the one the deal is facing now.
Electronista expects iRadio to be announced at WWDC on June 10, with launch happening at a later date. The service will be pretty similar to Pandora, adding more advanced controls and the on-demand level boasted by Spotify.
Are you looking forward to the launch of iRadio?
[Image via: DVice]