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beergut
Oct 25, 2012, 03:37 PM
http://www.smartmoney.com/news/on/?story=on-20121025-000726&cid=1244&source=TheMotleyFool

www.bloomberg.com/news/2012-10-25/apple-s-online-radio-service-to-challenge-pandora-in-2013.html

"Apple Inc. (AAPL) is in negotiations to start by early 2013 an advertising-supported Internet radio service, challenging radio leader Pandora Media Inc. (P), Bloomberg News reported Thursday, citing people with knowledge of the talks.

A deal with major music labels is possible by mid-November, with a launch in the first quarter of next year, the people said.

Apple declined comment as did representatives of various record companies, Bloomberg reported."

This could get real interesting!