There has been a lot of rumors circulating lately about Apple Inc. (AAPL) working on an iRadio service. It was reported last month that the soon-to-launch iRadio service had been deferred because of licensing issues, but the tech firm has obviously made huge progress since then, with Warner Music and Universal Music Group, two of the country’s biggest record labels.
According to those with knowledge of the licensing deals, the iPhone maker could seal a licensing agreement with Universal Music as early as next week and then with Warner Music after that.
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