Forbes and other sources are claiming that Apple's rumored music
streaming service, iRadio, that would compete with other music
streaming services like Pandora and Spotify is on its way, possibly as
early as this summer. Forbes speculates that Apple, which initially
proposed to pay 6 cents per 100 streams -- below Pandora's 12 cents
and a far cry from Spotify's 35 cents -- may have finally struck a
sweet deal with the music companies. If so, perhaps iRadio may make an
appearance at the proposed iPhone 5S unveiling this summer.
Source: http://www.forbes.com/sites/timworstall/2013/03/30/apples-iradio-is-on-the-way-and-they-seem-to-be-getting-the-songs-cheap/
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