Apple Will Pay Labels More Than Pandora For iTunes Radio

Cult of Mac
By Killian BellJun 27, 2013, 10:31 am488 pts
Apple will pay music labels more than Pandora for its new iTunes Radio service, according to terms reviewed by The Wall Street Journal. In addition to a set fee, the Cupertino company will also cough up a cut of its net advertising revenue every time a song is played. “Apple intends to pay royalties to labels…

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