- Apr 12, 2001
According to CNet sources, Apple will not be introducing an iTunes subscription service next week.
According to the article, Apple simply has not acquired such licensing from music labels at this time.My sources say that they don't expect Apple to announce anything to do with music content, and they are sure Apple won't be rolling out an iTunes music subscription service.
The rumor was revived after a claimed transcript of events was broadcast to several sites. These supposed transcripts are easy to fake, however, and have never been found to be accurate.
Still the possibility of Apple introducing a subscription service has some basis in reality, as the earlier rumors have described that Apple has been in negotiations for this possibility.