Apple in talks for free Internet radio: report

Sep 07, 2012
US technology giant Apple is in talks to license music for broadcast on a custom online radio service modeled after Pandora, The Wall Street Journal reported

US technology giant Apple is in talks to license music for broadcast on a custom online radio service modeled after Pandora, The Wall Street Journal reported.

The Journal, citing people familiar with the matter, said Apple's service would work on the company's hardware, including the , and Mac computers, as well as potentially on PCs using Microsoft's .

But it would not work on smartphones and tablets that use 's Android operating system, as the two technology giants are at loggerheads to dominate the lucrative mobile market.

The licensing negotiations are still at an early stage, the newspaper stressed, adding that it could take months for such a service to launch.

Just as with Pandora, ads would be placed between the music on the would-be service, which would use Apple's iAd platform.

The Journal noted that Apple had previously weighed launching a Pandora competitor, but dropped the bid due to licensing costs.

Pandora reported last week that its revenue climbed in the recently-ended quarter but that it still lost money due in large part to royalties paid out for songs.

The Oakland, California-based firm, which creates personalized radio stations for users, reported a net loss of $5.4 million on revenue that rose 51 percent to $101.3 million compared with the same period last year.

Pandora went public last year at $16 a share, one of several Internet companies to make their debut on Wall Street in 2011.

Explore further: NBCUniversal settles with unpaid interns for $6.4M

add to favorites email to friend print save as pdf

Related Stories

Pandora loss shrinks as revenue rises

Aug 29, 2012

Internet radio firm Pandora on Wednesday reported that its revenue climbed in the recently-ended quarter but that it still lost money due in large part to royalties paid out for songs.

Pandora net loss widens but revenue up sharply

Aug 26, 2011

Internet radio company Pandora on Thursday posted its first quarterly earnings since going public, reporting a wider net loss but revenue that more than doubled on solid advertising growth.

Spotify offers free Internet radio in US

Jun 19, 2012

Internet music startup Spotify on Tuesday added a free radio service for iPhone or iPad users in the United States in a direct assault on locally loved Pandora.

Recommended for you

NBCUniversal settles with unpaid interns for $6.4M

3 hours ago

NBCUniversal will pay $6.4 million to settle a class action lawsuit brought by unpaid interns who worked on "Saturday Night Live" and other shows who claim they are owed wages, according to court documents.

States ascend into the cloud

4 hours ago

Seven years ago, the state of Delaware started moving computer servers out of closets and from under workers' desks to create a consolidated data center and a virtual computing climate.

Microsoft drops Nokia name from smartphones

6 hours ago

Microsoft said Friday it was dropping the Nokia name from its Lumia smartphones, rebranding following the acquisition earlier this year of the Finnish group's handset division.

Amazon's loss makes holidays a question mark

6 hours ago

Amazon's trademark smile icon is becoming more of a grimace. The world's largest online retailer reported a wider third-quarter loss than analysts expected and gave a disappointing holiday forecast.

Ericsson profit down 10 pct despite higher sales

10 hours ago

Wireless equipment maker Ericsson says its third-quarter earnings slumped 10 percent despite higher sales due to increased operating costs and negative effects from currency hedging.

User comments : 0