The rumors about iRadio. Apple and Sony Music Entertainment are supposed to have signed an agreement.
It looks more and more like the iRadio is on the way. Now Apple and Sony Music Entertainment allegedly signed an agreement for the upcoming music service.There are teams in this so all of the major labels have now signed an agreement. It writes our site.
The service is expected to be advertising-based, and will compete directly against service Pandora, which gives users the ability to create stations based on artists, genre and music tracks. It writes our site.
The agreement with Sony Music, according to the sources should be a two-year agreement, which gives the Sony 10 percent of all advertising revenue generated by their catalog via the service.
Maybe tonight we will be wiser about iRadio? Follow us on live chat at our site tonight.