After more than year of off-and-on negotiations, Apple has
now reached deals with all three major music labels, making it increasingly
likely that Apple will unveil its free Internet radio service at next week's
WWDC event, according to cnet.com.
The latest deal is with Sony Music, according to industry
sources who said the two sides struck a deal Friday morning. Sony had been the
lone holdout of the three major music labels, haggling over some details that
frustrated execs at the other labels. The world's largest label, Universal
Music, was the first to sign on, followed by Warner Music and its publishing
arm, Warner/Chappell.
A Sony spokesperson declined to comment. Apple wasn't
immediately available for comment.
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