Apple Said to Sign Sony Music, Clearing Way for IRadio
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Apple Inc. signed an agreement with Sony Music Entertainment, the final record-company holdout needed for the iPhone maker’s planned online radio service, said people with knowledge of the situation.
Sony signed its agreement late yesterday, and Apple plans to announce the service, unofficially dubbed iRadio, at a conference on June 10, said the people, who requested anonymity because the talks are private. Vivendi SA’s Universal Music and Len Blavatnik’s Warner Music Group have already signed agreements with Apple, people with knowledge of the situation said this month.