Apple streaming music service may be announced on Monday
SAN FRANCISCO (AFP) - Apple, aiming to overcome recent missteps and keep its cutting-edge reputation, is expected to unveil a streaming music service along with fresh hardware and software at an annual conference on Monday.
Speculation that Apple will provide developers with a look at an online radio service heightened on Friday with reports that the California company had inked a content deal with Sony Music.
Universal and Warner music groups are already said to be on board with Apple, and enlisting the Japanese entertainment giant would mean that all three major music labels have been won over to the service. "They need a streaming audio service to remain at the forefront of their customers' music experience," said Forrester analyst Charles Golvin.
"People are moving to Rdio, Spotify and even Google Music; Apple can't rely just on the iTunes store model anymore." Apple appears to have the software and services in place and had only to work out "niggling details" regarding business relationships with labels owning music and publishing rights, according to Mr Golvin.