iRadio is getting closer to reality, so audiophiles, get ready.
People familiar with negations claim that Apple has reached a deal with Universal Music Group, which is the largest record company in the world. Sources claim that the deal is much better than the one record labels currently have with Pandora, and the same deal is on the table for other label companies (other companies may not be as willing, though). Apple is reportedly planning on paying the same, or even more, than Pandora currently does to gain access to music for iRadio.
The new service will reportedly be available on mobile devices, and include features not available on Pandora such as the ability to rewind songs, and have a button available to easily purchase music.
Are you excited about iRadio? Will you use the service? Would you prefer to use an Apple service over the similar existing streaming services such as Pandora or even Spotify? Leave us a comment and let us know!