While the news is getting hot, here’s a confirmation from WSJ about the new Apple – Warner Music talks.
Here’s the elaborate story:
Under the deal, Apple will give Warner Music Group’s publishing arm 10 percent of ad revenue — more than twice what Internet radio giant Pandora Media — pays major music publishers. Warner’s terms with Apple could pave the way for other major publishing deals to follow.
This details almost all of the news. And now, its upto Apple to name the new Music service, reveal it and get some applause.
The image shows Tim Cook with the Foo Fighters band during an event.